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UK mortgage rates set to rise as bond sell-off drives up borrowing costs – business live

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Rolling coverage of the latet economic and financial news

The UK government bond market is open! And there is reassuring news for borrowers, and our political leaders.

UK bond prices are strengthening, a little, which is pushing down the yield (or rate of return) on these gilts.

Continue reading…Rolling coverage of the latet economic and financial newsThe UK government bond market is open! And there is reassuring news for borrowers, and our political leaders.UK bond prices are strengthening, a little, which is pushing down the yield (or rate of return) on these gilts. Continue reading…