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bond yields: Bond fund managers head for third year of losses for first time in decades

"The re-rating in the forecasts has just been incredible in the U.S.," said Oliver Blackbourn, a multi-asset portfolio manager at Janus Henderson. "(It) has caught everyone out."

China s new bonds to help economic recovery, official says, as budget deficit rises

BEIJING (Reuters) -China's new sovereign bonds will help bolster the economic recovery, China's vice finance minister Zhu Zhongming said on Wednesday, as the government's stepped-up fiscal stimulus sharply raises its budget deficit. China's top parliament body has approved a 1 trillion yuan ($137 billion) in sovereign bond issuance to help rebuild areas hit by this year's floods and improve urban infrastructure to cope with future disasters, state media said on Tuesday.

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