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It's just not the British pound that's getting pummeled. Bond yields in the UK are now trading at Global Financial Crisis levels

2 monthes ago   |   By Business Insider

Downing Street And Parliament Richard Baker / In Pictures via Getty Images
UK bond yield traded at levels not seen since the global financial crisis on Tuesday.
The two-year gilt's yield jumped as high as 4.761%, the most since 2008.
Meanwhile, the UK's 30-year bond yields topped 5% for the first time since 2007.
Yields on UK bonds climbed higher on Tuesday, hitting the highest levels in 14 years or more, as economic uncertainty and the pound's crash continued to roil Britain. The two-year gilt's yield jumped as high as 4.761%, the most since 2008 and up from about 4.5% on Monday...
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