Gilts Stay Little Changed After BOE Minutes, U.K. Budget Data
U.K. government bonds were little changed after minutes showed Bank of England policy makers voted 8-1 to stop expanding the central bank’s bond-purchase program at a meeting earlier this month.
The yield on 10-year securities was at 1.85 percent as of 9:37 a.m. London time.
The pound strengthened 0.2 percent to 80.29 pence per euro and was little changed at $1.5927.
A separate report showed Britain’s budget deficit widened in October.
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