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Wells Fargo head of rate...........>

US TSYS/RESEARCH
US TSYS/RESEARCH: Wells Fargo head of rate research Mike Schumacher and
strategists Boris Rjavinski and Zachary Griffiths expect "cross-border flows
into Treasuries from core Europe and Emg Mkts to continue. Foreign investors
ramped up Treasury purchases in Q2." 
- They add that "the ECB seems to have become a bit more hawkish, therefore
narrowing the policy gap versus the Fed."

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