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Stress Levels Flash Red in World’s Funding Markets on Brexit Win

Updated on
  • Gauge of bank borrowing costs at most extreme in 4 years
  • BOE Carney says U.K. banks are able to withstand the turmoil

Stress levels are flashing red in money markets after the U.K. voted to quit the European Union, raising the prospect that policy makers will act to ease market turmoil.

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