U.K. Short-Dated Sovereign Bonds Look More Attractive than Eurozone Peers
Dow Jones08-07 22:36
1436 GMT - U.K. short-term government bonds could outperform their eurozone counterparts, Bank of America strategists say in a note. The Bank of England looks less likely to increase interest rates in the near term given U.K.'s weak economic data, while the European Central Bank has a higher possibility of raising interest rates, the strategists say.
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