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Summer Vacation's Impact on Yields

Fri 10 Aug 12 | 01:40 AM ET
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Summer Vacation's Impact on Yields

Fri 10 Aug 12 | 01:40 AM ET
John Wraith, fixed income strategist at BofA Merrill Lynch Global Research, says that the current relief in sovereign bond yields is the result of both the ECB offering to step in the market and investors being on vacation.
 
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