UK sells £900m inflation-linked debt at highest real yield in 25 years
Britain sold £900 million of inflation-linked debt on Thursday at the highest real yield in 25 years, highlighting higher costs for long-dated government borrowing.
Britain sold £900 million ($1.21 billion) of inflation-linked debt on Thursday at the highest real yield in 25 years, highlighting the growing cost of issuing long-dated government debt.The 1.875% 2049 index-linked gilt (GBIL0F49=), which was first launched in July last year, sold at auction at a r…