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Pound falls further as borrowing costs rise again

BBC
Summary
Nutrition label

83% Informative

The pound fell to $ 1.21 on Monday morning as the recent sell-off continued.

Rate at which the government can borrow money - known as the yield - rose again.

The yield on the 10-year gilt has risen to 4.89% , its highest level in nearly two decades .

Borrowing costs in Germany , France , Spain and Italy have also all risen.

VR Score

90

Informative language

91

Neutral language

79

Article tone

formal

Language

English

Language complexity

43

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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