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  "notes": "The slide uses two line charts to support the thesis that Eurozone duration is attractive due to faster disinflation and deeper expected rate cuts.",
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      "text": "Europe’s Disinflationary Path Looks More Convincing... YoY % change in core CPI",
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      "text": "... Resulting in Expectations of Deeper ECB Cuts # of expected 25 basis point cuts",
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      "text": "Source: Bloomberg, MSIM. As of January 20, 2025. The views and opinions expressed are those of the Portfolio Solutions Group at the time of writing/of this presentation and are subject to change at any time due to market, economic, or other conditions, and may not necessarily come to pass. Forecasts/estimates are based on current market conditions, subject to change, and may not necessarily come to pass. Past performance is no guarantee of future results.",
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