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British government bonds recovered significantly on Thursday, outperforming their main rivals. The rise was helped by a statement from Prime Minister Keir Starmer, who expressed confidence in Rachel Reeves as Chancellor of the Exchequer, stressing that she should hold this position «for many years to come.»The yield on 30-year British bonds fell by 11 basis points, almost offsetting the rise seen the day before. This positive trend was a reaction to Starmer's expression of confidence in Reeves, ... Read More
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