UK 30-Year Gilt Yields Hit 28-Year High as Global Bond Selloff Deepens
Britain’s 30-year gilt yield has climbed to its highest level since January 1998, underscoring the strain sweeping global bond markets as inflation remains sticky and governments continue to borrow heavily. The move has sharpened investor concern ahead of Finance Minister John Healey’s budget, with analysts expecting roughly £15 billion in additional public borrowing in the coming fiscal years.
