U.K. 30-year gilt yields hit 6.036% amid finance concerns
U.K. 30-year gilt yields reached 6.036% on Wednesday, the highest since 1998, with market talk citing pressure on public finances ahead of the Oct. 28 budget.
K. government bonds, or gilts, are constraining public finances ahead of the budget on October 28, AJ Bell's Danni Hewson said in a note. K. 036% on Wednesday, the highest since 1998, LSEG data showed.
Concerns about inflation and high levels of government debt were cited.