U.K. gilts advance after report on inflation

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Source: Bloomberg
© Scanpix/Reuters
U.K. gilts climbed and returns on two-yield securities dropped to almost two-month low on speculation low inflation rate will encourage the Bank of England to continue its monetary stimulus. The returns declined five basis points to 0.32% at 12:19 p.m. in London. The bonds also increased before the BOE reveals the minutes of its recent monetary policy meeting.
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Tue, 16 Jul 2013 15:24:11 GMT

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