Traders Start to Doubt the U.K. Rate Hikes They Just Predicted

By James Hirai (Bloomberg) — U.K. traders are starting to back-pedal after piling on bets that the Bank of England will raise rates this year. While wagers for increases over the next year have been ramped up to more than 100 basis points, concerns over that pace of tightening are now surfacing in various corners [……
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