U.K. Bond Auction Fails for First Time Since 2002

By Kim-Mai Cutler

[Ed:] If the US Treasury Bond is gilted...

March 25 (Bloomberg) -- The U.K. failed to find enough buyers for 1.75 billion
pounds ($2.55 billion) of bonds for the first time in almost seven years as debt
investors repudiated Prime Minister Gordon Brown’s plan to stem the worst
economic crisis in three decades...


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