UK bond yields soar to multi-decade highs: Is it a new 'Truss moment'?
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Euronews.com
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UK government bond yields have surged to their highest levels in decades, with 10-year gilts at 4.90% and 30-year yields at 5.40%. The pound has dropped to a 14-month low against the dollar. Analysts are divided on whether this reflects a broader crisis or a temporary issue, drawing comparisons to the market turmoil during Liz Truss's premiership. Factors contributing to the sell-off include rising inflation, increased fiscal spending, and global market pressures. The eurozone remains relatively stable amid these tensions. Teljes cikk (Euronews.com)