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Good morning. With oil prices higher, government bond yields are on the move again around the world. One of the most notable moves is in the UK—what I have characterized here and elsewhere as one of the “high beta” advanced economies—where the 10-year has traded up to a level not seen in almost 20 years (Bloomberg data below), while the 30-year yield is at a level not seen in almost 30 years. #economy #markets #bonds #yields #oil