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Gilts Face Worst Month Since Liz Truss as Oil Spike Jolts UK Market

dailynewsnblog
Business & Economy
March 23, 2026
0 Comments

To be sure, the nature of this month’s selloff is very different from the 2022 crisis. This month’s spike in yields has been led by shorter maturities as traders wager the BOE will hike rates in the coming months. UK two-year rates are up more than a percentage point so far in March, flattening the yield curve.

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