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Central bank concerns
Cuts inflation and growth forecast for Q2
Rates remain at 0.5%
Drop of 90 percentage points in one month
35 years on
Sterling fell 0.7% to $1.38
Hawkish outlook
Brexit uncertainty a major factor
Over the past quarter, the consensus view of many has been to challenge the role and attractiveness of fixed income as an asset class.
Up 6.2% since start of the year