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50 BPS cut. Despite some arguments to be made for a 25 or 75 BPS cut, the BOC went with a 50 basis cut. The fall market has been brisk, and the strength of lowering rates and future rate cuts should translate into a stronger than usual fall market.

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50 BPS cut. Despite some arguments to be made for a 25 or 75 BPS cut, the BOC went with a 50 basis cut. The fall market has been brisk, and the strength of lowering rates and future rate cuts should translate into a stronger than usual fall market.

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