Yield on 30-year government bonds jumps to 5.88%, the highest since 1998, in bond rout triggered by global factorsBusiness live – latest updatesThe 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 gover…
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 factorsBusiness live – latest updatesThe 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 gover…
Originally reported by Guiden World
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