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BR: BOND MARKET UPDATE
 
10-Yr: +03+/32..2.909%.. USD/JPY: 100.2720.. EUR/USD: 1.3262Slipping: The market is geared up for earnings season to kick off if only because the numbers are likely to be pretty nasty, but expectations have been set up for that so upside surprises should get an overdone response in stocks. Trade is beholden to the supply on tap, with the some spillover from stocks activity, but things are running fairly light although there has been a bit of an uptick to size on the downside. The background and expected leaks on the financial "stress testing" underway are certainly going to see some response, at least initially if only briefly, in bond trade, but much like earnings, the pessimists are leading and the worst is generally anticipated, which takes away some of the potential safe-haven upside for bonds
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