U.K. bonds rise for first time in seven days as shares slip

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Source: Bloomberg
© Scanpix\AFP
U.K. 10-year government gilts increased for the first time in seven days after a declined in shares around the world restored demand for the British fixed-income securities. The 10-year yield plummeted four basis points to 2.71% and the 1.75% bond expiring in September 2022 rallied 0.28 to 92.345. The Britain's FTSE 100 index dropped 0.6%.
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Tue, 20 Aug 2013 12:34:02 GMT

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