UK gilt yields highest since May 2019 as sell-off continues
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LONDON (Reuters) - British government bond yields hit their highest levels in more than nine months on Thursday, after solid demand at an auction of 5-year gilts proved insufficient to stem a continuation of Wednesday's sell-off which was the sharpest since 2009.Over the past week investors have shied away from British government debt, normally viewed as a safe haven during times of financial tension, in favour of U.S. dollar assets as a shield against the economic impact of the..