Market Comment

Bond prices are being capped and are trading near unchanged levels this morning on news from China, stating their intent to continue investing in Euro-zone bonds.

Also weighing on Bonds is positive economic data from France and Germany ˆ but the Bank of England wasn‚t so rosy this morning, saying that inflation (and growth) in the United Kingdom will continue to decline in the near future...and that headline is offering some support to Bonds at present levels.

Leonard Winslow
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