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Breaking Posted 6 hours ago

Iran ceasefire collapse pushes UK gilt yields to five-month highs

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UK 10-year gilt yields surged past 5% on Tuesday after Iran-US ceasefire collapsed and the two countries exchanged strikes for a third consecutive night. Risk-off sentiment pressures GBP/USD and broader risk currencies; safe-haven flows support JPY and CHF pairs. Geopolitical escalation adds volatility ahead of US CPI data and Fed rate-path repricing.
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