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Friday, 8 June 2012

2012.06.08 15:17:42 MARKET TALK: Canadian Bonds Higher on Broad Safety Shift

9:17 EDT - Canadian bonds remain up solidly, with the 10-year yield falling to 1.758% from 1.828% late Thursday, though the market trimmed a small part of its advance as May's jobs report came in slightly above expectations and April saw a surprise trade deficit. Market players are heeding the oscillations in global risk appetite more than taking direction from domestic developments, and they'll continue to do so as long as the euro-zone crisis keeps percolating and the Fed and the Bank of Canada stay immobilized. (don.curren@dowjones.com) (END) Dow Jones Newswires June 08, 2012 09:17 ET (13:17 GMT)

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