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News 2026-09-29 10:04 UTC

Britain pays highest interest rate since 1999 for 10-year borrowing

By David MillikenBritain issued 10-year benchmark government bonds on Tuesday which will pay the highest yield for any bonds of that maturity since 1999, part of a global rise in borrowing costs that is putting the country's public finances under strain.The UK Debt Management Office said it sold £4…