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AFTER THE SHOCKS OF APRIL, THE BOND MARKET IS MELLOWING OUT.
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The article reports on money managers' views on the U.S. bond market for the second half of 1987, following one of the worst bond declines in April 1987. Analysts say that the bond market is stabilizing due to signs of dollar stabilization, improving economy and low inflation. Some money managers are taking shorter bonds because longer bonds have been the biggest losers in the first half of 1987. Analysis on bond index funds and junk bonds are included.
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