British data prompts global bond sell-off; Wall Street falls
By Hilary Russ NEW YORK (Reuters) - Strong growth data out of Britain prompted the biggest daily sell-off in government debt for months and pushed yields on the world's benchmark bonds higher on Thursday, as expectations eased for a Bank of England interest rate cut. The bond sell-off gained momentum in the United States after upbeat jobless claims data pointed to another robust non farm payrolls number next week. Wall Street closed lower, dipping in a choppy session after the latest round of ea
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