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وكالة الانباء الاردنية
British borrowing costs reach 1998 high
The cost of government borrowing in Britain has risen to its highest levels since 1998, with the yield on 30-year British bonds surpassing the 6% mark, reaching 6.028%. Additionally, the yield on 10-year bonds increased to about 5.51%, a level approaching its highest in two decades, amid a global sell-off of long-term bonds and growing concerns over borrowing levels and inflationary pressures. This situation is adding financial strain on the British government ahead of its upcoming budget preparations.
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