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Government bonds, precious metals and international stocks sold off on Friday, as inflation fears mounted and U.S. President Donald Trump concluded his high stakes visit to China.
By 10:56 a.m. in London, yields on a swathe of global sovereign bonds had jumped. The yield on the U.S. 10-year Treasury
was almost 9 basis points higher at 4.544%, its highest level in almost a year.
The U.K. — which has seen yields on its government-issued debt surge in recent days amid mounting political uncertainty — saw its benchmark 10-year gilt
