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After 194 monetary policy decisions, Mervyn King, governor of the Bank of England cast his final vote as the MPC maintained Quantitative Easing at £375bn and left the Bank Rate unchanged at 0.5%. The recent improvements in UK economic indicators gave little reason for policy members to increase easing, and if…

There’s optimism in the market that European leaders are inching towards a solution which is boosting the euro. The support from international investors is benefiting the Eurozone peripheral bond markets. The spread in bond yields for countries such as Italy and Spain relative to Germany continues to hold at lower…