Business

UK bond market under pressure again


The Bank of England has stopped buying perennial bonds as part of the rescue plan over the past two days, helping to spur a fresh sell-off in UK debt markets.

Yields on UK government bonds have risen this week, with the 30-year yield rebounding from 3.8% to 4.4% last Friday. It peaked at 5.1% last week. Yields increase when prices fall.

news7f

News7F: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, Sports...at the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button