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15 March 2001 11:04  European bonds again take lead from equity markets


London, March 14 (BridgeNews) - European debt markets took their lead from the global equity markets as bond fundamentals were thrown out the window. With stock markets across the continent hitting multi-year lows, many debt futures markets traded to contract highs--retreating only as equities recovered. Bond markets gained an added boost in early trade when international ratings agency Fitch placed 19 Japanese banks on Ratings Watch Negative.
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