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Credit Suisse Sees Sovereign-Debt Growth as Rates Unit Shrinks

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Nov. 29 (Bloomberg) -- Credit Suisse will stay “very active” in government bonds even as it shrinks some parts of its fixed-income business, Laurent Curtat, head of European rates trading, said in interview yday. * “We want to continue to be very active and growing in the

sovereign, supranational and agency business,” Curtat said * CS is mkt maker for sovereign debt in nine European nations

and has no plans to cut back in those mkts NOTE: CS is creating division that combines rates, FX and commodities operations, cutting more than 100 fixed-income jobs * Story link: NSN MWZJU46JTSEB <GO>

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