Gilt yields hit 3% mark as BoE silence disappoints

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Benchmark ten-year gilt yields hit a fresh two-year high of over 3% after the Bank of England (BoE) opted not to release further ‘forward guidance'.

With investors continuing to bring forward their rate rise expectations in spite of the Bank's reassurance that rates will remain low for several years yet, some had expected the BoE to issue a sta...

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