Firstly I'd like to thank everyone for their response so far.
I'd like to clarify a few things.
When I say this is professional grade audio cable this is what I'm talking about. This is not a solid core cat5e but rather a multi stranded flexible cat5e
I should have been a bit more specific on the cable type sorry.
We are talking of about 50meters of this
Rated: CAT 5e
Shielding: S/UTP
Diameter: 6.2mm
Conductor: AWG26/19
Impedance: 100Ω
Capacitance: 50 pF/m
This is the cable
http://soundtools.com/products/cable/supercat.phpThe Original idea for this test is because they sell these things called cat snakes
http://soundtools.com/products/catfamily/catbox.php it carries a balanced audio signal down a pair with the shield as the ground.
I'm not sure if I phrased my question correctly originally or If I have misunderstood some of the replys, so I'll have another go.
With the signal (centre pin) of my signal gen connected through one single wire in this cable, and the ground of the function gen connected directly to the scope why has it given me such a rolled off response at the start and end of the sweep. I'm guessing as others have said its just due to the impedance mismatch
Down the length of this cable 1 strand measures about 7ohms