Considering this, real interest rates are historically high now, and this means the bond market has more room to rally.

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"There's not a lot more room in the bond market for appreciation, " Saperstein says.

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At these rates, Australian bond prices look like they have room to go even higher, while there appears to be little upside to the Brazilian sovereigns.

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Though the bond market reacted well to the July inflation numbers, the data left room for doubt and are unlikely, by themselves, to determine the bond market's future.

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The atmosphere and bond we have in the dressing-room at the moment makes winning that much sweeter.

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The loans being promised to Greece only give Greece a little breathing room so it can, for example, make a bond redemption later this month.

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Vivendi had given itself some room to take less cash, say credit analysts, thanks to earlier asset disposals and high-yield bond issuance.

ECONOMIST: Broadcasting