Britain sold £4.25 billion of 30-year gilts at a record-high yield of 5.8168%, underscoring rising borrowing costs and fiscal pressures. Despite the elevated yield, demand remained strong, with orders exceeding £87 billion, as investors continued to favour UK government debt.
Britain sold £4.25 billion of 30-year gilts at a record-high yield of 5.8168%, underscoring rising borrowing costs and fiscal pressures. Despite the elevated yield, demand remained strong, with orders exceeding £87 billion, as investors continued to favour UK government debt.
<iframe src="https://hindustansphere.com/embed/cluster/71c6be2119cab830439e94ba81f015065247eb2e" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Global Market: Record UK gilt yield raises fiscal pressure ahead of October Budget"></iframe>
