UK inflation pressures hit three-year high; Nobel prize for economics awarded today – business live
Rolling coverage of the latest economic and financial news UK government borrowing costs are dipping this morning, reversing a little of the damage caused by the bond sell-off. The yield, or interest rate, on 10-year UK bonds is down 4 basis points (0.04 of a percentage point) to 5.41%, while 30-year gilt yields are also down 4bps to 5.91%. Continue reading...
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