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Gilt yields seen at risk of further rise on inflation fears

Market talk says U.K. gilt yields risk climbing further after Tuesday multi-year highs. Renewed U.S.-Iran tensions have lifted oil prices, raising inflation risks and expectations for Bank of England action.

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1050 GMT - Yields on U.K. government bonds, or gilts, risk climbing further after hitting multi-year highs on Tuesday, says Matthew Amis, investment director at Aberdeen Investments.

Renewed U.S.-Iran tensions have lifted oil prices, raising inflation risks and prospects of the Bank of England incr…