UK Gilt Yields Surge as Bond Selloff and Inflation Risks Intensify
UK 10-year gilt yields climbed to 5.5%, their highest since July 2007, while 30-year yields reached 6% for the first time since 1998 as a renewed global bond selloff gathered pace. The 10-year yield rose more than 20 basis points in September, as higher energy costs fueled inflation concerns and expectations that the A