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UK becomes first major economy to pay 6% to borrow since eurozone crisis as bond market rout pushes yields to highest since 1998

The surge in yields on UK 30-year bonds, known as gilts, meant investors were charging as much to lend to Britain as they did to beleaguered Italy in 2012.

UK becomes first major economy to pay 6% to borrow since eurozone crisis as bond market rout pushes yields to highest since 1998

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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