Britain’s benchmark borrowing costs have soared to their highest level since the financial crisis, as investors offload government debt amid persistent inflation fears. The yield on the UK’s 10-year gilt — closely watched as a barometer of future interest payments on public borrowing — reached 4.82 per cent on Wednesday, surpassing the peaks seen in the immediate aftermath of Liz ...
Britain’s benchmark borrowing costs have soared to their highest level since the financial crisis, as investors offload government debt amid persistent inflation fears. The yield on the UK’s 10-year gilt — closely watched as a barometer of future interest payments on public borrowing — reached 4.82 per cent on Wednesday, surpassing the peaks seen in the immediate aftermath of Liz ...
Britain’s benchmark borrowing costs have soared to their highest level since the financial crisis, as investors offload government debt amid persistent inflation fears. The yield on the UK’s 10-year gilt — closely watched as a barometer of future interest payments on public borrowing — reached 4.82 per cent on Wednesday, surpassing the peaks seen in the immediate aftermath of Liz ...