Southern European bond markets make a comeback

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  Good morning from the Financial Times.

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  Today is Friday, June 13.

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  And this is your FT News Briefing.

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  Israel launched a strike against Iran.

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  And sovereign bonds are rallying in some unexpected places.

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  Plus, we hate to be a broken record, but the dollar is down again.

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  Is the slump really that big of a deal, though?

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  To anybody who believes this is the end of US exceptionalism,

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  there's some reason to believe that that is overhyped.

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