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Asian buyers driving callable SSA market have resurfaced in public benchmark deals
Public sector issuers have become more flexible when executing cross-currency interest rate swaps
Politically motivated prosecutions endanger democracy
Solutions exist but political will is necessary
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Snafu. The familiar acronym sums up the weary realism and humour of the soldier faced with a situation that is as bad as usual. And snafu pretty much sums up the European and US bond markets this week.