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Yes, that is a bear rolling down a hill. Is sub target inflation a shortterm phenomenon . As draghi projects, is it merely a sniffle . We are less than a halfhour away from the european open. A lot to talk about in markets this friday. Maybe the equity indexes are not really going to be your focus. You can see equity Index Futures here, little changed. Slightly to the upside. You want to look at sovereign debt across the eurozone. I have a chart of ones of bunds as theyll ways do. From the three debut, we are timing relatively steeply. You will hear this all day. I will pull it out to a one month view, and this is why everybody is saying the same thing happen. You see this when you look at gilts as well. It if you look at the bund, is really pronounced. A huge jump at the end of the month in yields, up to 0. 459 and climbing. Guy take that to one year for me now, because i think this tells a different story. Change it to a year and look at the range. 0. 5 , 0. 5 . Range, we have strugg

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