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UK Set to Pay Most Since 1998 for Borrowing After Gilt Selloff

UK Set to Pay Most Since 1998 for Borrowing After Gilt Selloff

Key Highlights

  • The UK is set to pay its highest borrowing costs on a debt sale since at least 1998 as a global bond selloff sent yields surging and squeezed the government’s finances.
  • Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.

The UK is set to pay its highest borrowing costs on a debt sale since at least 1998 as a global bond selloff sent yields surging and squeezed the government’s finances.

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