By Dhara Ranasinghe
LONDON, July 5 (Reuters) – Foreign demand for British government bonds may not necessarily be hit by the Brexit vote and sterling weakness could even encourage foreign investors to buy gilts, a senior official at the country’s Debt Management Office (DMO)said on Tuesday.
Following Britain’s vote to leave the European Union, 10-year gilt yields have fallen to record lows and sterling slumped to 31-year lows against the dollar as investors position for a weaker economic outlook and the prospect of a …
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