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Showing stories tagged #borrowing costs — clear filter
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The US 10-year Treasury yield reached 5.04%, its highest level since 2007, before easing back. This surge in borrowing costs reflects market concerns about inflation and government debt.
The yield on 30-year UK gilts hit their highest level since 1998 amid a global bond sell-off driven by inflation fears. This surge could almost halve Chancellor John Healey's fiscal headroom ahead of the October Budget, according to economists.
