Photo: A motorcyclist is reflected in a window as electronic boards display stock information at the Australian Securities Exchange in Sydney on January 11, 2019. Photographer: Lisa Maree Williams/Bloomberg A motorcyclist is reflected in a window as electronic boards display stock information at the Australian Securities Exchange in Sydney on January 11, 2019. Photographer: Lisa Maree Williams/Bloomberg

The rally in bonds around the globe gained further traction, with soft economic readings in both the United States and Europe fueling speculation that major central banks will cut rates in the year to come.

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