Rising bond yields are pressuring funding costs for UK financial institutions, including the Bank of England and Coventry Building Society.
2 reports, 1 independent
Updated Sep 3
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What happened
Rising bond yields are pressuring funding costs for UK financial institutions, including the Bank of England and Coventry Building Society.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Mortgage brokers in London, Chelmsford, and Norwich warn of rate hikes as bond market turbulence pressures lenders and funding costs.Sub-event
Rising bond yields are increasing funding costs for UK financial institutions.1 source
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The entities involved
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Bank of England
central bank of the United Kingdom
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Coventry Building Society
British building society based in Coventry
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