UK Long-Term Bond Yield Reaches 6% for First Time Since 1998
The UK’s long-term borrowing costs reached 6% for the first time in almost three decades, as concerns about persistently elevated inflation and a challenging budgetary position continued to mount.
By George Nixon · Bloomberg Markets
The UK’s long-term borrowing costs reached 6% for the first time in almost three decades, as concerns about persistently elevated inflation and a challenging budgetary position continued to mount.