Question, "UK government bonds, known as gilts, are getting dumped"
Why are they being dumped/sold? Why is UK debt being sold?
"A two-day sell-off sent 30-year gilt yields to about 5.7%, near their highest since 1998, while the 10-year hovered around 5.1%, close to an 18-year high. Yields have risen roughly 85 basis points since the start of the conflict cited in the original report – about twice the move in comparable US or German debt – which is already showing up in government auctions at the highest yields in years. Markets are juggling two forces: higher oil prices are reki.."
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