Bond heavyweights short gilts amid warnings of ‘explosion' in yields
Bond heavyweights have begun shorting UK gilts ahead of an expected correction, warning yields have reached ‘extreme' lows.
Earlier this month borrowing costs in Britain tumbled to the lowest level for more than 300 years, with the yield on 10-year gilts hitting a record low of 1.919%. The yield has since moved up marginally...
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