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France yields rising ~ 10bp as US yields fall ~ 10bp is just mad-nuts activity yields moving inversely to... each other

Ian Smith@iankmsmith.ft.com

A big old risk-off sweeps global markets, triggered by surging crude price sand Eurozone debt worries France faces “a perfect storm, you have an energy inflation story, and you have a fiscal and a political problem" said one rates-watcher Treasuries rally, stocks sink as.ft.com/r/772961db-0...

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