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The UK bond market is bruised this morning after a day of political turbulence drove up Britain’s borrowing costs.
UK long-term bond yields hit their highest levels in 28 years on Tuesday, as fears about a change of Labour leadership triggered investor jitters and warnings of further bond market turmoil.
But this morning, Keir Starmer remains in post having fought back against pressure to lay out a departure timetable, with health secretary Wes Streeting not (yet, anyway) having launched a challenge.
Many investors have warned that if
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