UK Gilts Rally as Traders Dial Back Bank of England Rate-Hike Bets

‼️ 🇬🇧 BREAKING: UK markets are now open and gilt yields are falling across the curve as traders pare bets on rate hikes from the Bank of England. UK bonds are slightly outperforming their European peers. The FTSE 100 has opened broadly flat, lagging gains in continental indices as it misses out on a rebound in technology shares.

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