UK 30-year gilt yields hit highest since 1998
British 20- and 30-year gilt yields rose to their highest since 1998 on Thursday. The move followed a fall in U.S. jobless claims that boosted expectations of a Federal Reserve rate rise.
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UK gilt yields surge; 30-year tops since 1998, 10-year since 2008
30-year U.K. government bond yields rose to their highest level since 1998, while 10-year yields hit their highest since 2008, as global bond yields tracked rising inflation concerns.
Global long-end bond yields rise as central banks normalize
The 30-year Treasury yield touched 5.33%, its highest since June 2007, while long-dated government yields also rose in Japan, Germany, France and the UK.