The war in the Middle East has upended the UK bond market. Gilts have performed worse than almost all of their global peers since the US and Israel launched strikes on Iran, in large part because of the UK’s dependence on imported energy.
How Bond Market Volatility Hurts the UK Economy
The war in the Middle East has upended the UK bond market. Gilts have performed worse than almost all of their global peers since the US and Israel launched strikes on Iran, in large part because of the UK’s dependence…
This article was originally published by
Bloomberg Markets
and is republished here under license.
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