(Bloomberg) -- U.S. manufacturing purchasing managers' surveys and government bond yields have parted ways: the PMI is suggesting a bullish view on the economy, while bonds are painting a bleaker picture. Ultimately the divide should close and it is the bond market that will take the hit, as there is nothing in the medium term to derail global economic growth, according to Pictet Asset Management.
To contact the reporter on this story: Cormac Mullen in Dublin at cmullen9@bloomberg.net.
To contact the editors responsible for this story: Samuel Potter at spotter33@bloomberg.net, Robert Brand
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