Jul 31, 2008 14:23
Markets: Fixed Income On Wednesday, global bonds had a reasonable good session in the face of a number of bond intrinsic negative factor in the US session like strong equities, a betterthan- expected ADP employment report, extra measures of the Fed to ease liquidity strains and the quarterly refunding announced, showing that more supply is in the pipeline. In the EMU area, very weak economic confidence data were a positive, supplemented by month-end duration extension buying. At the end of the