If you are not going to bond BOTH ends, don't bother bonding either end.
I strongly disagree. Grounding one end allows for stray RF or noise on the wire to find a way to ground and be 'drained' from the shield. Grounding at both ends does the same thing, however, it does add the potential for ground loop problems. Also if there some other failure of the neutral/ground system in the building or between buildings, your ground can attempt to handle a major amount of current, which it will do for a very short time until meltdown. We do literally miles of 24volt 4-20ma instrumentation wiring on single pair shielded wire grounded at the cabinet and floating at the instrument.
Not grounding at either end makes a great antenna. Just for fun, lets say your non-grounded shield is reasonably long and is resonant on some AM broadcast band, pretty easy to do really. That 10,000 watt AM station across down still puts a pretty good amount of RF in your building and actually transfers to your shield. Now instead of that stray RF going to ground at one end (or either end) it floats ont he jacked and couples to the wires inside causing problems.
So, install your wire, get out your multimeter, check for differences in potential, if none bond at each switch. IF you experience problems with the link or equipment, you might consider lifting the ground on one end to see if you have some ground loop issues.
Good Luck
It is only my opinion, based on my experience and education...I am always willing to learn, educate me!
Daron J. Wilson, RCDD
daron.wilson@lhmorris.com