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A bond rout could blow a huge hole in the UK's finances and repeat 1976, warns Hamish McRae

Government bond yields are only back to normality - and they may go much higher. That's bad news when the UK spends £110bn on debt interest a year.

A bond rout could blow a huge hole in the UK's finances and repeat 1976, warns Hamish McRae

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

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