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Gaza ceasefire deal hopes lift region's government bond markets

Hopes of a ceasefire deal to end the war in Gaza lifted the region's government bond markets and Israel's shekel on Tuesday as investors sensed relief after 15 months of conflict. Negotiators were meeting in Qatar hoping to finalise a ceasefire and hostage release agreement after U.S. President Joe Biden indicated that one was within reach. More than six hours after talks began there was still no word on an outcome but Israel's bonds and those of Lebanon, Egypt and Jordan were all edging higher as optimism built.

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