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Cross-Asset Focus

UK: Tight Financial Conditions, Weak Data Support Gilt Overweight

by Felix-Antoine Vezina-Poirier, Chief Strategist  

UK data momentum is fading, keeping Gilts attractive and GBP vulnerable. At 5.60%, 30-year Gilts trade at their highest yields since the late 1990s, reflecting persistent pressure on the long end across DMs. The Bank of England has lagged the ECB in its…

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