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Market Pulse: BoE under fire, gilts rally to fizzle

Wednesday, August 08, 2012 - 05:41

Aug. 8 - The BoE slashes its UK growth forecasts again. Sterling and short-dated yields rise though, as King appears to dismiss a rate cut. BofA-ML's John Wraith says the recent gilt rally will fizzle out.

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Market Pulse: BoE under fire, gilts rally to fizzle

Wednesday, August 08, 2012 - 05:41