UK mortgage rates set to rise as bond sell-off drives up borrowing costs – business live

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Guardian Business

UK mortgage rates set to rise as bond sell-off drives up borrowing costs – business live

Rolling coverage of the latet economic and financial news The UK government bond market is open! And there is reassuring news for borrowers, and our political leaders. UK bond prices are strengthening, a little, which is pushing down the yield (or rate of return) on these gilts. Continue reading...