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U.K Pays Multi-Decade High Yields at Long-Term Debt Sale

The U.K. sold 4.25 billion pounds ($5.75 billion) in a long-dated debt sale at the highest yield since 1998, a sign of how rising borrowing costs are posing challenges for governments facing historically high levels of debt.

U.K Pays Multi-Decade High Yields at Long-Term Debt Sale

We haven't written up this one. WSJ Markets has the full story — the link below goes straight to it.

Read the original at wsj.com →

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