U.K. gilts gain on QE speculation

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Source: Bloomberg
© Scanpix/Reuters
On Friday, British 10-year government notes were growing on speculation that the U.K. central bank will extend its loose monetary policy to stimulate the economy, amid a drop in equity markets. The yield on benchmark 10-year gilts lost 6 basis points and reached a level of 1.71% by 11:05 a.m. in London. 10-year bonds were likely end the week with gains.
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