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Business & Finance

UK 10-year gilt yields hit highest since Nov. 30

Published Updated

LONDON: The yield on 10-year British government bonds hit its highest level since late November on Monday as investors sold German and US government bonds.

The 10-year gilt yield rose about 3 basis points to hit 1.370 percent, its highest level since Nov. 30, when signs of progress in Britain's Brexit negotiations with the European Union prompted investors to sell gilts.

 

Copyright Reuters, 2018

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