UK 30-year gilt yields hit 28-year high in global selloff
British 30-year gilt yields rose to a 28-year high, lifting equivalent US 30-year borrowing costs to their highest level since 2002.
British 30-year bond yields rose to a 28-year high on Wednesday as a global bond selloff lifted equivalent US borrowing costs to their highest since 2002, adding to pressure on finance minister John Healey ahead of his first budget in three weeks' time. Yields on 30-year gilts (GB30YT…)