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British Bloodbath - UK Gilt Yields Spike Above 1% As Inflation Expectations Soar To 3 Year Highs

The fallout from Theresa May's confirmation that the government will follow the will of the people continues. The flash-crash in cable overnight catalyzed just how bad this week was for the Brits. On the week, the pound fell more than it did overall during Brexit week... And the currency weakness amid growing concerns over UK's so-called 'hard Brexit' has sparked major fears it will send inflation soaring.
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