U.K. Bonds Drop a 3rd Day as Carney Says Rate Increase Is Closer

U.K. 10-year government bonds dropped for a third day as Bank of England Governor Mark Carney reiterated the time to increasing borrowing costs from a record low has moved closer. Longer-maturity gilts led declines after Carney told delegates yesterday at the annual conference of the Trades Union…

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U.K. Bonds Drop a 3rd Day as Carney Says Rate Increase Is Closer

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