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MORNING BID EUROPE-Treasuries on cusp of best month since 2008

2 years 10 months ago
Yields on two-year paper are down 31 bps just this week, the steepest drop since the U.S. mini-banking crisis in March. And almost all of that came because one Fed governor said that, should inflation keep falling for a few months, then policy would need to be loosened just to stop real rates from rising.
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