Trader Takes Bold Stance Amid UK Gilt Selloff, Predicting Five Rate Cuts from BoE

In an unexpected turn of events in the financial markets, a trader has made a staggering bet on a significant downward shift in the Bank of England's (BoE) interest rates, defying the prevailing trend in UK gilt selloffs. This audacious wager comes at a time when inflationary pressures and economic uncertainty have rattled the market, prompting many investors to retreat from UK government bonds.

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