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UK poised to pay highest borrowing costs since 1998
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City AM
UK poised to pay highest borrowing costs since 1998
The UK is set to pay the highest yield on new debt in nearly 30 years in a sign of the growing economic pressures facing the Chancellor John Healey as he draws up his first Budget. The Debt Management Office is marketing a 30-year bond at 0.75 basis points over the yield of the government’s [...]
8 Sept, 12:16
FT UK
UK pays highest borrowing cost since 1998 at gilt sale
Thirty-year gilts priced at a yield of roughly 5.83%, underscoring pressure on public finances from global bond sell-off
8 Sept, 09:50
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