UK Borrowing Costs Set for Biggest Tumble Since 2016 Brexit Vote.

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      UK bonds rallied, briefly sending the two-year yield down by the most since the 2016 Brexit referendum as Bank of England officials said the government’s proposed energy-price cap may curb soaring inflation, potentially reducing the urgency of interest-rate hikes. The pound slumped toward its weakest since 1985. [ABSTRACT FROM AUTHOR]
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