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UK mortgage rates set to rise as bond sell-off drives up borrowing costs – business live

The Guardian Business ·
UK mortgage rates set to rise as bond sell-off drives up borrowing costs – business live

Rolling coverage of the latet economic and financial news The oil price is dropping this morning, which should help ease the bond market wobble.

Brent crude has dropped by 1.1% to $94.57 a barrel, having traded as high as $97/barrel on Wednesday.

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