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LONDON, Oct 8 (Reuters) - British long-term borrowing costs hit fresh multi-decade highs on Thursday as part of a global bond selloff driven by a sharp rise in oil prices
British long-term borrowing costs hit fresh multi-decade highs on Thursday as part of a global bond selloff driven by a sharp rise in oil prices triggered by attacks on shipping in the Gulf and concerns that a hurricane will disrupt US oil production.Ten-year gilt yields (GB10YT=RR) – around the ma…