The Independent
UK · 16 mins ago
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Long-term borrowing costs in UK reach 28-year high amid rising inflation and political uncertainty
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UK long-term government bond yields have risen to 5.798%, reaching their highest level in 28 years, driven by elevated inflation and political uncertainty affecting borrowing costs.
Long-term borrowing costs in UK reach 28-year high amid rising inflation and political uncertainty
The yield on 30-year UK government bonds – also known as gilts – was up 0.14 percentage points to 5.798% on Tuesday
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