UK yield curve inverts for first time since 2008 as global market gloom sets in
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LONDON (Reuters) - Britain's government bond yield curve inverted on Wednesday for the first time since the global financial crisis, mirroring a move in the United States where it is traditionally a sign that some investors think a recession is nearing.The yield on the 10-year gilt fell below the yield on the two-year gilt shortly after 1000 GMT for the first time since August 2008, according to data from Refinitiv. Normally, a yield curve slopes upwards as investors expect to be compensated for..