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Suppose that U.K. government bonds are currently paying higher interest rates than comparable U.S. Treasury bonds. Suppose the Bank of England (the central bank) eases

Suppose that U.K. government bonds are currently paying higher interest rates than comparable U.S. Treasury bonds. Suppose the Bank of England (the central bank) eases the money supply to drive down interest rates. How is an American investor in U.K. government bonds likely to fare?

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