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Goldman Sachs Lifts Gilt Yield Forecast as Energy Prices Delay Rate Cuts

Goldman Sachs has raised its forecast for UK government bond yields, warning that higher energy prices will keep inflation elevated and delay any Bank of England interest rate cuts, pushing up borrowing costs across the economy.

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Goldman Sachs has raised its forecast for UK government bond yields, warning that higher energy prices will keep inflation elevated and delay any Bank of England interest rate cuts, pushing up borrowing costs across the economy.