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UK borrowing costs return to pre-selloff levels on Trump relief - REUTERS

JANUARY 22, 2025

LONDON, Jan 21 (Reuters) - British government borrowing costs fell on Tuesday to their lowest since before the start of this month's selloff as investors on both sides of the Atlantic breathed a sigh of relief about Donald Trump's first moves as U.S. president.

Thirty-year gilt yields - which were hit hardest in this month's selloff - sank to their lowest since Jan. 3 at 5.139%, extending their recent fall into a fifth day. Ten-year yields also touched a post-Jan. 3 low at 4.582%.

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