Evening Standard
UK · 1 hrs ago
✦ 78◉ Centre
UK government borrowing costs hit 28-year high on leadership uncertainty
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UK government borrowing costs for 30-year gilts have reached their highest level in 28 years, with yields jumping to over 5.8% amid political leadership uncertainty.
UK government borrowing costs hit 28-year high on leadership uncertainty
The yield on 30-year gilts jumped as much as 13 basis points to just over 5.8%, reaching the highest level since 1998.
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