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10-Year Gilt Yields Soar to 14-Month High After BOE Holds Rates

Ten-Year Gilt Yields Jump to 14-Month High After BOE Rate Decision

U.K. 10-year gilt yields rose sharply. They reached a 14-month high, hitting 4.881%. This increase followed a decision by the Bank of England.

The central bank chose to keep interest rates unchanged. This policy action influenced government bond markets. Investors responded to the maintained rates.

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