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The Rapid Downfall of Liz Truss

The Daily

NOTE

Is There a Ticking Time Bomb on Mortgages?

The value of your currency is lower, then everything gets more expensive at a moment when inflation is already a huge problem. And we're seeing epic bond market declines. UK rates climb as much as 50 basis points. Investors fear the big market moves are a particular threat to pension funds and could cause spillover damage across the financial sector.

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