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The spike comes as major Western powers have convened to attempt to find a remedy to the oil price volatility amid challenges of transit through the Strait of Hormuz. Credit: Rob Ellis
UK government bonds have been hit harder than US Treasuries and European government bonds by the conflict in the Middle East due to narrower liquidity in the UK market.
At the time of reporting, yields on UK 10-Year gilts were trading at over 4.58%, according to data from MarketWatch. Yields on the 10-Year have surged since the US and Israel launched strikes o...
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