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The Independent UK
The Independent UK
Business
Karl Matchett

The three reasons behind the bond market shock and what it means for Andy Burnham’s first Budget

Bonds are back in the headlines after hitting their highest level since the global financial crisis, with 10-year yields now standing at 5.29 per cent.

While bond yields are rising globally, the UK version, known as gilts, spiked on Tuesday into Wednesday, rising the fastest among G7 nations.

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