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Europe's peripheral bond markets still attractive

BlackRock, Pimco and Prudential are bullish on debt from Portugal, Greece and Italy as ECB extends its debt purchases but take a dimmer view of US Treasuries as Fed raises rates

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The Bank of Greece in central Athens. While Europe was roiled by worries that a Greek default could splinter the currency union, international investors are wading deeper into the riskiest euro nations.

London

DIVING into the riskiest parts of Europe's government bond market proved to be a clear winner this year.

Some of the world's biggest money managers say 2016 will be no different.

BlackRock Inc, Pacific Investment Management Co and Prudential Financial Inc all say debt

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