19 January 2001, 08:45  European debt markets close up on euro's strength

London--Jan. 18--European debt markets closed in positive territory, having spent the majority of the session firmly in the red. However, further evidence of weakness in the U.S. economy saw global bond markets trade higher. The short-end of the yield curve was given an additional boost by the strength of the euro against the dollar, failing to drop back when the European Central Bank left key rates on hold.

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