Sector roundup

Sectors

Weak economic data from European economies, upsets in the US government bond and mortgage-backed markets and the largest bond ever from a US corporate, General Motors, have still done little to rain on European bond investors’ summer. Technicals remain strong despite patchy signs of improving credit fundamentals and credit analysts continue to wonder whether fundamentals will move to catch up with technicals or whether technicals will be doing the moving. The game of chicken

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