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March 25, 2004

All Business: Bond rally: just a blip or a real turnaround?

  • A gloomy jobs report, the Madrid train bombing and profit taking in the stock market aren't the only things behind this surprising rally.
    • By RACHEL BECK
    AP Business Writer

    NEW YORK -- So much for the bond market rally being last year's news.

    The big gains that have been tallied in recent weeks have confounded the experts who track this market, and who had almost universally forecast just the opposite.


     
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