UK gilt yields retreat from multi-decade highs as political drama mellows, rate hike expectations ease
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Source: CNBC
Published: 2026-05-26 22:30 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Middle East, Europe, Iran, Financial Markets, Business & Economy
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Snippet:
Yields on U.K. government bonds fell to five-week lows on Tuesday as investor concerns about political developments eased and optimism for a U.S.-Iran peace deal helped scale back expectations for interest rate hikes.
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