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September 01, 2020 10:18am
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Keep running with the bond bulls says Bank of America

The rally in bond markets of late has been startling. As hopes grow that inflation may have peaked, and evidence of a U.S. economic slowdown build, benchmark 10-year Treasury yields fell from around the 3.5% level touched in mid-June, to near 2.5% at the start of this week.
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