UK long-term borrowing costs hit highest since 2008 ahead of October Budget

Long-term government borrowing costs have risen to a 28-year high, putting further pressure on Prime Minister Andy Burnham ahead of his first Budget next month. The yield on a 30-year gilt — a loan to the British government — rose to 5.89%, the highest since 1998.The effective cost of borrowing for governments across t

The rate demanded by investors to buy UK debt has been driven up by persistent inflation, high borrowing levels and political instability.

Renewed conflict in the Gulf pushed oil prices up, and the US Federal Reserve chair made hawkish noises last week.

European stock markets fall and Brent crude jumps above $92 a barrel amid renewed fighting in Middle East The FTSE 100 index is down just over 1%, driven by sharp falls in mining and manufacturing shares. Endeavour Mining is leading the index lower, down 8%, while fellow miners Fresnillo and Antofagasta have also falle

UK borrowing costs have hit their highest level since the financial crisis as gilts were swept up in a mass rout across global bond markets.  The UK government is set to pay a higher rate on debt interest as 10-year gilt yields, the benchmark for borrowing costs, were up by as much as 15 basis…

Britain's borrowing costs rise to highest level since 2008 as fears rocket over higher oil prices  GB News

Global bond sell-off drives UK borrowing costs higher  The Times

German 10-Year Bund Yield Rises to Highest Level Since 2011  wsj.com

TOKYO (Kyodo) -- The yield on Japan's benchmark 10-year government bond rose to 3.000 percent on Tuesday for the first time since October 1996, partly

The rate demanded by investors to buy UK debt has been driven up by persistent inflation, high borrowing levels and political instability.

Brazil's gross public debt rose to 82.5 percent of GDP in July, or R$10.9 trillion (US$2.1 trillion), the highest since April 2021. A R$1.4 billion primary surplus was dwarfed by R$98.963 billion of interest, leaving a nominal deficit of R$97.6 billion (US$18.8 billion).

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

France's debt burden and political gridlock are pushing borrowing costs toward levels not seen since 2008.

World’s biggest developed economies face higher financing costs since start of US-Iran war, weighing on public finances