UK bond market getting crushed right now.
30-year gilt yields just hit 5.95% — highest since March 1998. That's 15x higher than 2020 levels.
UK now has the most expensive borrowing costs in the G7.
This matters because when bond yields spike like this, it signals investors are demanding much higher returns to hold UK debt. Could mean inflation concerns, fiscal worries, or both.
For context: higher yields = lower bond prices. Someone holding UK bonds from a few years ago is sitting on serious losses.
Worth watching how this ripples through currency markets and UK equities. $GBP under pressure.
30-year gilt yields just hit 5.95% — highest since March 1998. That's 15x higher than 2020 levels.
UK now has the most expensive borrowing costs in the G7.
This matters because when bond yields spike like this, it signals investors are demanding much higher returns to hold UK debt. Could mean inflation concerns, fiscal worries, or both.
For context: higher yields = lower bond prices. Someone holding UK bonds from a few years ago is sitting on serious losses.
Worth watching how this ripples through currency markets and UK equities. $GBP under pressure.
