UK long-term borrowing costs hit 28-year high

Image: The Guardian
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- Yield on 30-year government bonds jumps to 5.88%, the highest since 1998, in bond rout triggered by global factors Business live – latest updates The UK government’s long-term borrowing costs jumped to their highest level since early 1998 on Tuesday as a global bond sell-off gathered pace. The…
- Government borrowing costs are hitting multi-decade highs around the world, reflecting anxiety about debt levels, deficits and inflation.