British 10 Year Gilt
CNBC’s UK Exchange newsletter: An all-too-familiar dial tone from Vodafone
A logo on the exterior of a Vodafone Group Plc store in London, UK, on Monday, May 13, 2024. Bloomberg | Bloomberg | Getty Images This report is from the first-ever edition of CNBC’s UK Exchange newsletter. Each Wednesday, Ian King brings you expert insights on the most important business stories from the U.K. and […]
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Investors flee to German bonds as Trump tariffs spark Treasury sell-off
Global bond markets were gripped by volatility on Wednesday, as the rollout of U.S. President Donald Trump’s reciprocal tariffs left investors scrambling to find safety in new areas — including German debt. U.S. Treasurys sold off on Wednesday as a new wave of duties came into force and China and the European Union announced fresh […]
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UK borrowing costs plunge, heading for first daily decline in 2025 as inflation fears ease
LONDON — U.K. borrowing costs fell sharply on Wednesday, following the release of lower-than-expected consumer inflation prints both at home and in the U.S. The yield on 10-year U.K. government bonds was 16 basis points lower at 4.727% at 4 p.m. in London, putting it on course for its first daily decline since Dec. 31. […]
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Ubisoft drops 8% after appointing advisors to review strategic options; European markets trade lower
European markets opened lower on Friday, as investors monitor economic data and ongoing turbulence in the U.K.’s debt markets. The pan-European Stoxx 600 index was down 0.1% shortly after the opening bell, with most sectors and major bourses in negative territory. London’s FTSE 100 shed more than 0.1% during early morning deals. Shares of Ubisoft […]
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Surge in UK borrowing costs is not a repeat of the ‘mini-budget’ crisis, economists say
LONDON — U.K. borrowing costs are elevated after the Labour government unveiled a huge package of borrowing and tax rises in its Wednesday budget — but analysts downplayed the possibility of a second “mini-budget” crisis in the British bond market. The 10-year gilt yield, representing medium-term borrowing costs for the government, was slightly lower on […]
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UK borrowing costs spike after extensive tax hikes announced in budget
Britain’s Chancellor of the Exchequer Rachel Reeves poses with the red budget box outside her office on Downing Street in London, Britain October 30, 2024. Maja Smiejkowska | Reuters LONDON — U.K. borrowing costs on Wednesday touched their highest level since Labour took office, after Finance Minister Rachel Reeves unveiled a vast package of tax […]
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Financial institution of England surprises with 50-foundation-position charge hike to deal with persistent inflation
A passageway around the Financial institution of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. Hollie Adams | Bloomberg | Getty Photographs LONDON — The Financial institution of England on Thursday stunned markets with a 50 foundation place hike to curiosity prices, its 13th consecutive enhance as policymakers grapple with […]
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Uk borrowing fees shut in on previous year’s ‘mini-budget’ crisis stages
British Primary Minister Liz Truss attends a information meeting in London, Britain, Oct 14, 2022. Daniel Leal | Reuters LONDON — U.K. borrowing fees are nearing degrees not seen due to the fact the throes of the bond market crisis brought on by previous Key Minister Liz Truss’ disastrous mini-spending plan. New facts on Wednesday […]
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A ‘cocktail’ of sticky inflation and a limited labor marketplace boosts Financial institution of England level hike bets
Essential Factors The marketplace likelihood of a even more 25 basis stage raise at the Monetary Plan Committee’s future conference nudged up earlier 73% on Wednesday, in accordance to Refinitiv details. The U.K. annual inflation amount dipped for a third straight thirty day period to 10.1% in January, landing underneath consensus forecasts, even as large […]
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Previous Uk PM Liz Truss is blaming the left-wing ‘economic establishment’ for ousting her
British Primary Minister Liz Truss announces her resignation, outside the house Quantity 10 Downing Street, London, Britain October 20, 2022. Henry Nicholls | Reuters LONDON — Previous U.K. Primary Minister Liz Truss is blaming a “effective financial establishment” for bringing her chaotic 44-working day tenure to an conclude final year. Truss resigned in Oct, getting […]
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