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London Traders Are Stuck With an Ultra-Long Bond Bet Gone Bad

Bloomberg Markets · May 22, 2026, 9:00 AM · Also reported by 1 other source

It was supposed to be a relatively quick and lucrative bet. Buy a long-dated UK government bond at an historic discount to par, wait for the price to pop and then reap a tax-free windfall.

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London Traders Are Stuck With an Ultra-Long Bond Bet Gone Bad

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