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U.K. Bond Markets Come Under Pressure Again

The Bank of England stopped buying long-dated bonds as part of its rescue plan over the past two days, helping fuel a fresh selloff in U.K. debt markets.

Yields on U.K. government bonds have climbed this week, with the 30-year yield rebounding to 4.4% from 3.8% last Friday. It hit a peak of 5.1% last week. Yields rise when prices fall.