Gilts undergo ‘aggressive flattening’ as May’s Brexit plans receive fresh opposition

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Gilts undergo ‘aggressive flattening’ as May’s Brexit plans receive fresh opposition

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Sterling investors poured into the UK Gilt market on Tuesday after Theresa May’s Brexit plans received multiple defeats in parliament. They will "remain cautious" ahead of the crunch vote on the Brexit deal on December 11, according to buy-side analysts.

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