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Gilt Yields Approaching 6% as Borrowing Costs Soar
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Guido Fawkes
Gilt Yields Approaching 6% as Borrowing Costs Soar
10-year gilt yields have climbed to 5.41% this morning and 30-year gilts up to 5.93%. Gilts are taking a heavier beating than most continental bonds, outpacing the overnight moves in Japan and the selloff in US Treasuries. Oil is now above $100 a barrel after Houthi attacks on Saudi shipping in the Red Sea. Traders…
15 Sept, 08:53