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Fixed Income Summary

Posted:26/11/2008 20:06 by Keith Lobodzinski
Both stocks and bonds managed a similarly firm trajectory going into the long holiday weekend. This followed a fresh round of stimulus from China and Europe that appeared to overcome a rather weighty round of mostly weaker U.S. data. Bullish equity momentum from late last week managed to be sustained following the Fed and Treasury's latest efforts to mop up the debris in the mortgage sector, while bonds were not about to relinquish their month-end bid into the Thanksgiving holiday. click here to return to the top of the page
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