Traders Push Back U.K. Interest-Rate Wagers as Fed Boosts Bonds

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  • Ten-year gilts outperform shorter-dated counterparts
  • Pound posts weekly advances against the dollar and euro

In the end, the Federal Reserve’s assessment trumped U.K. domestic data and a Bank of England that had suggested it was willing to look beyond the market turmoil arising from a slowdown in China’s economy.

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