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Global bonds post worst monthly loss since mid-2003
Investors dumped bonds around the world in November as Donald Trump's US presidential win stoked bets on faster growth and inflation, hitting global bond markets with their biggest rout in about 13-1/2 years. Bank of America Merrill Lynch's Global Broad Market Index fell 1.76 percent in November, its steepest percentage drop since a 2.06 percent fall in July 2003. These investors quickly shifted their attention to tax cuts, federal spending and deregulation, issues on which Trump had campaigned.
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