🚨 BREAKING: 🇬🇧 UK long-term borrowing costs are surging.
The 30-year gilt yield has climbed above 5.85%, reaching its highest level in decades as investors demand higher returns to hold UK government debt.
⚠️ Rising yields increase pressure on: • mortgages
• government borrowing
• consumer spending
• the broader economy
Markets are increasingly worried about: • persistent inflation
• high energy prices
• rising deficits
• political uncertainty
The global bond market continues flashing major warning signs.