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Long-term government borrowing costs leap to 28-year high ahead of Budget
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Evening Standard
Long-term government borrowing costs leap to 28-year high ahead of Budget
It came amid a widespread global bond sell-off amid concerns over ratcheting oil prices and wider uncertainty over inflation.
1 Sept, 12:13
The Independent
UK government borrowing costs soar to a 28-year high ahead of Budget
Higher rates on the bonds will therefore mean that it costs UK more in order to borrow money
1 Sept, 11:01
The Guardian
UK long-term borrowing costs hit 28-year high
Yield on 30-year government bonds jumps to 5.88%, the highest since 1998, in bond rout triggered by global factors
Business live – latest updates
The UK government’s long-term borrowing costs jumped to their highest level since early 1998 on Tuesday as a global bond sell-off gathered pace.
The yield – in effect the interest rate – on 30-year UK government bonds, known as gilts, hit 5.89% as traders fretted about a …
1 Sept, 10:44
Independent Business
Long-term government borrowing costs leap to 28-year high ahead of Budget
It came amid a widespread global bond sell-off amid concerns over ratcheting oil prices and wider uncertainty over inflation.
1 Sept, 10:14
BBC Business
US long-term borrowing costs ease after government steps in
It comes after the interest rate on 30-year bonds reached the highest level in almost 20 years.
19 Aug, 18:42
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