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Yields on UK gilts fall, easing some of their Iran war surge

Mon, 16th Mar 2026 11:48

LONDON, March ​16 (Reuters) - ⁠British government borrowing ​costs fell on ​Monday, ‌reversing a ⁠small bit of ⁠their surge ​since the start of the U.S.-Israeli ​war ‌with Iran.

The yield on the benchmark ​10-year gilt ‌was down 6 basis points at ‌4.767% at 1143 GMT, having leapt ​by about 60 bps between ‌March 2 and Friday's close, ⁠a ⁠bigger jump ‌than for many other ​countries' ​government ‌bonds. (Writing by William Schomberg, editing by Andy Bruce)

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