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  • Energy bills bailout speculation sparks bond sell-off fears

    Markets

    An unfunded government intervention to subsidise household energy bills would trigger a gilt market rout likely to push the UK’s long-term borrowing costs to the highest they have been since 1997, bond investors and economists have warned. David Zahn, head of European fixed income at Franklin Templeton, told City AM that the prospect of ministers [...]

    UK borrowing costs jumped on Tuesday on a raft of international news

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