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Global bond sell-off: Headache for Healey as gilt yields top six per cent
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Global bond sell-off: Headache for Healey as gilt yields top six per cent
The yield that the UK government pays on its 30-year government bond rose above six per cent for the first time in this millennium, putting Chancellor John Healey in a collision course with markets. Long-term gilt yields, which determine the size of UK government borrowing costs, skimmed 6.04 per cent in the early hours of [...]
1 Oct, 09:12
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