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BofA Merrill Lynch Global Research – A Fixed Income Research Report – Friday, 25 January 2013

Overview – Kicking the correction down the road

Risk assets have been more resilient to economic data than we expected and debt ceiling negotiations have not taken a turn for the worse so far. Momentum could carry spreads tighter in the near-term although chances of a correction in the spring remain, in our opinion.

 

 

Read the full report here.