英国退欧公投

Sovereign bond yields plumb new depths

Brexit jitters sent UK borrowing rates to a fresh low yesterday as investors digested the Bank of England’s gloomy prognosis that a vote to Leave could result in economic recession.

The Bank of England, Bank of Japan and US Federal Reserve have all cited Brexit as a global risk in the past 24 hours, helping to ignite a worldwide rally in safe assets.

With less than one week to go before the UK decides on its future in the EU, polls show that the Leave campaign has strengthened its lead over Remain.

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