More than £1.3 trillion has been wiped off the value of UK bonds since the start of 2022 following a major sell-off across bond markets, according to new figures out this morning. Just over £882bn has been wiped off the value of Gilts and Index-linked Gilts, which have fallen 26.4 percent and 36.2 percent respectively in the year to date.
In addition, the value of UK corporate bonds has fallen by £514.5bn since the beginning of the year, asset manager Collidr shared with City A.M. “The unprecedented meltdown in bonds is…“Appalling”: Antony Blinken Blasts Russia’s Use Of Iranian Drones
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