Markets Core bonds licked their wounds after yesterday’s smackdown with UK gilts outperforming both US Treasuries and bunds. Gilts on Tuesday suffered a one-two-punch from a stronger-than-expected UK labour market report first and from the US CPI inspired global sell-off second. Yields today ease 4 (30-y) to 11.1 bps (2-y), erasing much of the 6.7-14.6 […]

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