UK gilts rise after weak housing, mortgage data; European bonds underperform (Sharewatch)
Story date: 2007-11-29 02:47:11
Added on: 2007-11-29 04:53:06
LONDON (Thomson Financial) - UK gilts rose following a disappointing housing market survey and weak official mortgage lending data, which have fuelled speculation that the Bank of England may cut its benchmark interest rates next week to 5.50 pct.
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