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Global bond sell-off intensifies, as UK long-term borrowing costs pass 6%
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The Guardian
Global bond sell-off intensifies, as UK long-term borrowing costs pass 6%
Fears that US borrowing costs are unsustainable drive Britain’s 30-year bond yield to level not seen since 1998
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The turmoil in global bond markets intensified on Thursday amid fears that the US deficit is reaching unsustainable levels, helping drive UK long-term borrowing costs to a 28-year high.
The threat of a renewed round of inflation from the persistently high cost of oil has spo…
1 Oct, 08:27
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