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- The 10-year UK bond yield fell below 1% for the first time in history
The 10-year UK bond yield fell below 1% for the first time in history
At the moment the yield of 10-year UK bonds is trading 0.962%. Since the beginning of the day yields decreased by 11.5%. The reason for such dynamics is a concern about the consequences of Brexit, which is enhanced by the resignations Labour MPs. A high demand for safer bonds leads to a decrease in yield and this can be seen (at a lower scale though) globally.
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