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US borrowing costs hit 24-year high as global bond sell-off intensifies

US borrowing costs hit 24-year high as global bond sell-off intensifies

Fears that US deficit is unsustainable also drive UK 30-year bond yields briefly above 6% for first time since 1998 Business live – latest updates The global bond sell-off intensified on Thursday, driving 10-year US government borrowing costs to their highest level in 24 years in

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