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US bond market jitters spark UK economy recession warning

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City AM
US bond market jitters spark UK economy recession warning
The UK economy could be plunged into a recession an “order of magnitude” greater than recent financial crises if America’s borrowing costs continue to climb over the rest of the year, a group of leading City analysts have warned. The US was forced to pay the highest interest rate on its long-dated bonds for a [...]
17 Aug, 04:00
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