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Markets are now treating UK bonds like Greek and Italian debt

Por: CNN Business September 27, 2022

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London CNN Business  —  The pound may have paused its with the US dollar, but the sparked by Prime Minister Liz Truss’ huge tax-cutting gamble is still rippling through financial markets. Sterling stabilized early Tuesday to trade near $1.08, bouncing off Monday’s record low of around $1.03. The price of benchmark 10-year UK government bonds also increased slightly. But few analysts believe the volatility is over yet. Bond prices, in... + full article



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