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UK 30-year yields fall below 1% for first time on record

Traders are seen at work at Northern Trust offices in London
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LONDON (Reuters) - British 30-year government bond yields fell below 1% for the first time on record on Thursday, after investors flocked into safe fixed-income assets on growing fears of a global recession.Lower bond yields reduce the cost of new government borrowing, but also act as a signal that financial markets expect slower growth and cuts in Bank of England interest rates. Yields on..
Date Published: Aug 15, 2019
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