BNB$753.89+0.12%BRENT$98.46+1.34%BTC$78,373-0.52%COPPER$6.74+2.16%DJI$53,414-0.51%DOGE$0.0894-0.41%DXY99.00-0.17%ETH$2,473-0.63%GOLD$4,400-0.10%NDX$29,544+0.21%SILVER$66.07-0.11%SOL$102.87-0.73%SPX$7,719-0.38%US10Y4.78+0.00%VIX15.78+8.60%BNB$753.89+0.12%BRENT$98.46+1.34%BTC$78,373-0.52%COPPER$6.74+2.16%DJI$53,414-0.51%DOGE$0.0894-0.41%DXY99.00-0.17%ETH$2,473-0.63%GOLD$4,400-0.10%NDX$29,544+0.21%SILVER$66.07-0.11%SOL$102.87-0.73%SPX$7,719-0.38%US10Y4.78+0.00%VIX15.78+8.60%
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·Confidence 90%

UK Gilt Sale Sees Highest Borrowing Costs Since 1998

Key takeaways

  • The UK faces significant pressure on public finances as thirty-year gilts are sold at a yield of approximately 5.83%, the highest since 1998.

Analysis

The UK faces significant pressure on public finances as thirty-year gilts are sold at a yield of approximately 5.83%, the highest since 1998.

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