Gulf bonds will likely see a further sell-off when trading resumes on Monday, in response to the S&P's downgrade of the United States' credit rating last week and increasing concerns over the health of the global economy.
Regional bond prices had already begun to ease on Friday in response to the massive volatility on global equities markets on the previous day.
Bond prices in the Gulf Arab region had rallied in recent weeks as mostly regional investors flocked to familiar territory in the face of global volatility.
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