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Analysts Comments

Michael Gregory, analyst at BMO Capital Markets

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23 July 2008 @ 10:07 am EST
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Dow Jones - "Given that the bank of Canada last week signaled that they were expecting headline inflation to soar above 4% towards the end end of the year, that provided a bit of cover for any surprises we would see on headline inflation. I think it spooked the bond market in Canada, because we've down a little bit worse than what's happening in the States."

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