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Whether this summer’s runaway ascent of bond prices was mainly a flight-to-safety response to global trade fears or a “follow the leader” move on the part of momentum traders is a subject of fierce debate among traders. What matters most, however, is that after the market hit a peak a few months ago, bond prices – especially Treasuries – continue to weaken. In this report, we’ll discuss some reasons which suggest that the “indigestion” that both the corporate and the U.S. Treasury debt markets are suffering isn’t over yet. I’ll also explain why equities will