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Bankers, regulators voice fears about bond market

Recent changes in the bond market could change the way Wall Street banks, large bond funds and trading systems behave when turbulence strikes.


WALL STREET chieftains, huge investment firms and top bank regulators are all sounding the same alarm. In recent months, they have been warning that the world's bond markets, where companies and countries borrow trillions of dollars, are in danger of breaking down.

Their fear is that in

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