BusinessUK Long-Term Borrowing Costs Reach 6% for First Time Since 1998
The interest rate on 30-year UK government bonds (gilts) rose by six basis points to 6.01%, marking the highest level since March 1998. This is notable as the last time a 30-year bond from a Group-of-Seven country reached such a level was in 2012, during Italy's debt crisis in Europe.
NDTV Business·53m ago

