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The Guardian - UK
The Guardian - UK
Politics
Heather Stewart Economics editor

Reeves back from China with one eye on bonds and the other on economic data

Rachel Reeves
The Tories have criticised Rachel Reeves for going ahead with her visit to China amid turmoil on the financial markets. Photograph: Florence Lo/Reuters

Rachel Reeves will be back at her desk in the Treasury on Monday after her trade mission to China as markets reopen after last week’s bruising bond selloff and ahead of some key economic data on inflation and growth.

Officials will be monitoring closely moves in the price of government bonds, or gilts, after they were sold off sharply last week, pushing the 30-year yield – effectively the interest rate – to its highest level since 1998.

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