BlackRock: UK government bonds likely to remain volatile in the near term
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They stated that natural gas accounts for a large proportion of energy usage in the UK, but reserves are limited. This makes the UK "particularly vulnerable to inflation rebounds." According to Tradeweb data, the yield on 10-year UK government bonds fell by 2 basis points, last reported at 4.851%, having earlier in the session touched a five-week low of 4.805%.
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