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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: UK 10-year gilt yields hit highest level since 2008 as oil prices stoke inflation fears

British 10-year government bond yields climbed to their highest level since 2008 on Tuesday, tracking a global rise in borrowing costs as higher oil prices revived concerns about inflation.

The gilt market was also catching up with moves across global bond markets after Britain was closed for a public holiday on Monday.

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