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Bond Markets in Turmoil | Business and Finance News

Bond Markets in Turmoil | Business and Finance News

Published 2 weeks, 4 days ago
Description

UK bond yields hit a 28-year high as global borrowing costs surge amid inflation fears, rising oil prices, and AI firms flooding markets with debt—forcing the Chancellor to brace for tougher fiscal choices while mortgage holders get a brief reprieve from rate hikes.

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This is an automated, high-level news summary based on public reporting.
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