Weekly Best Performing Sector (17-Mar-2013 – 23-Mar-2013)
Fixed Income Sector in Sterling is the best performing sector last week. In the meeting of Bank of England last Wednesday, broad member voted against further bond purchases and signaled more bond purchases could lead to an unjustified weakening of the pound. Sterling rebounded and 10-year gilts' yield spread over Bunds widened after the broad’s decision. Both of them are positive forces to the Fixed Income Sector in Sterling.
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