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IMF sounds alarm on borrowing costs surge as bond rout deepens
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IMF sounds alarm on borrowing costs surge as bond rout deepens
The global rise in borrowing costs is a “particular concern,” the International Monetary Fund has said, as UK bond yields reach a level last seen in the financial crisis. The yield on the 10-year UK gilt climbed four basis points on Wednesday morning to near 5.27 per cent, which followed the previous day’s rally that [...]
2 Sept, 07:51
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