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UK government borrowing costs hit 5% as Iran war fuels bond market sell-off

|Iran, Iran|1 independent sources

Published by WarSignal Editorial · Last updated

Yields on 10-year debt reach highest since the 2008 financial crisis, raising concerns of faster interest rate rises UK government borrowing costs have risen above 5% amid an intensifying global bond market sell-off fuelled by the Iran war. The yield – or interest rate – on 10-year debt hit its highest level since the 2008 financial crisis, rising 13 basis points to 5.081%, as investors acted.

This developing story from the Iran region is being tracked by international intelligence monitors. The situation remains fluid and additional details are expected as correspondents on the ground file updated reports.

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unverifiedUnverified — single source, not yet confirmed This event has been confirmed by 1 independent sources.

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