Has the rebound in the Bund run out of steam?

Markets: Fixed Income On Monday, government bonds fell off their recent highs, as equities rallied on better than expected earnings from Philips and an analyst upgrading of the banking sector ahead of a batch of quarterly results from the sector. These positive events offset worries related to CIT group, which provides financing to small and medium-sized companies. The rebound on the equity markets was however not reflected in the commodity markets, where the CRB index closed little changed.