IMF sounds alarm on borrowing costs surge as bond rout deepens

The global rise in borrowing costs is a “particular concern,” the International Monetary Fund has said, as UK bond yields reach a level last seen in the financial crisis. The yield on the 10-year UK gilt climbed four basis points on Wednesday morning to near 5.27 per cent, which followed the previous day’s rally that…

Yields on 30-year UK bonds, known as gilts, surged to more than 5.9% for the first time since 1998. Ten-year gilt yields climbed to 5.25%.

Rolling coverage of the latest economic and financial news UK long-term borrowing costs could halve chancellor’s budget headroom The Guardian view on the global bond shock: Andy Burnham should take note Newsflash: UK government borrowing costs have jumped at the start of trading, as the bond market sell-off continue

Yields on 30-year UK bonds, known as gilts, surged to more than 5.9% for the first time since 1998. Ten-year gilt yields climbed to 5.25%.

The U.S. bond market influences how much American consumers pay for loans and the interest they can earn on their savings accounts.

UK borrowing costs hit an 18-year high in global bond sell-off  The Times

US tech bond bonanza could raise European borrowing costs, say ECB analysts  euractiv.com