BofA Sees Higher Yields for Longer-Dated Gilts

BofA Sees Higher Yields for Longer-Dated Gilts Play

June 18 (Bloomberg) -- John Wraith, a fixed-income strategist at Bank of America Merrill Lynch, discusses the outlook for gilt yields and Bank of England monetary policy under incoming governor Mark Carney. Wraith made his comments before the U.K. Office for National Statistics released data which revealed inflation accelerated more than economists forecast in May. He spoke on Bloomberg Television's "On the Move" with Manus Cranny. (Source: Bloomberg)

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