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Gilts more vulnerable than other markets

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New highs in gilt yields this week unconfirmed by the U.S., Germany. Yield movements exaggerated by structural factors. Despite the selloff, this is no Liz Truss moment. The BOE is likely to cut rates next month. The gilt market has been underperforming. We will look to reduce exposure into this rally.

Ned Davis Research | Fixed Income | Focus | Bi-Weekly

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