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UK Gilt Yields Edge Slightly Higher After Inflation and Borrowing Data

UK government bond yields rose slightly, by less than eurozone peers, after inflation and public-sector borrowing data exceeded expectations. Inflation rose to 3.5% in September.

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U.K. government bond yields edged up, but by less than yields among their eurozone peers, after U.K. inflation and public sector borrowing data on Wednesday came in above expectations. Inflation reached 3.5% in September.

However, there is still little evidence that higher energy prices are feeding through into…