Global bond sell-off intensifies, as UK long-term borrowing costs pass 6%
Fears that US deficit is unsustainable drive yields on Treasury bills and UK gilts to multi-decade highsBusiness live – latest updatesThe turmoil in global bond markets has intensified amid fears the US deficit is reaching unsustainable levels, helping drive UK long-term borrowing costs to a 28-year high.The threat of a renewed round of inflation from the persistently high cost of…
Fears that US deficit is unsustainable drive yields on Treasury bills and UK gilts to multi-decade highsBusiness live – latest updatesThe turmoil in global bond markets has intensified amid fears the US deficit is reaching unsustainable levels, helping drive UK long-term borrowing costs to a 28-year high.The threat of a renewed round of inflation from the persistently high cost of…
