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UK Pays Most Since 1998 to Borrow After Gilt Selloff

1 source ·1 article ·4h ago

The UK paid its highest borrowing costs on a debt sale since at least 1998 after a global bond retreat sent yields surging and squeezed the government’s finances ahead of next month’s budget.

Covered by 1 outlet

Bloomberg 1

All coverage · 1 article

Bloomberg Economics ·4h ago

UK Pays Most Since 1998 to Borrow After Gilt Selloff

The UK paid its highest borrowing costs on a debt sale since at least 1998 after a global bond retreat sent yields surging and squeezed the government’s finances ahead of next month’s budget.