UK yields skyrocket to levels echoing last year’s pension crisis

UK yields skyrocket to levels echoing last year’s pension crisis

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Quick Take Last October, U.K. Prime Minister Liz Truss introduced a “mini-budget” that triggered a pension fund crisis. The mini-budget episode sent shock waves around the UK markets and the GBP to 1.11 against USD. In the wake of new inflation numbers yesterday, U.K. government yields have soared…

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