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British elections raised questions over hard Brexit plans.
Increasing chance seen of negotiations breaking down.
Leaving the EU would require the U.K. to submit its own schedule of tariffs, and all of its trade partners would have to agree to them.
UK Treasury warns that leaving the EU may cost hundreds of thousands of British jobs.
JPMorgan economists see plenty of room to the downside for rates
The divergence among global central banks that was supposed to drive financial markets in 2016 barely lasted a month.