UK Economics Correspondent, London
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Long-dated gilts hit two-year high as IMF view sends investors into safe-havens

LONDON (Reuters) – British 30-year gilt prices rose to their highest level in more than two years on Wednesday as investors carried on pouring money into safe-haven assets after a downbeat global economic outlook from the International Monetary Fund.

British government bond prices rose across the range of maturities as riskier assets such as equities fell around the world, with the longest-dated bonds performing most strongly.