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The Independent UK
The Independent UK
National
Ben Chapman

European Central Bank holds emergency meeting today as bond markets plunge

Copyright 2022 The Associated Press. All rights reserved

The European Central Bank (ECB) is to hold an unscheduled meeting on Wednesday amid growing fears that turmoil in bond markets is causing big increases in the cost of government borrowing.

Bond yields - which indicate the price that governments must pay investors to borrow money - have risen sharply amid fears for the outlook for European economies.

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