UK government borrowing costs hit 28-year high on leadership uncertainty

The yield on 30-year gilts jumped as much as 13 basis points to just over 5.8%, reaching the highest level since 1998.

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May 12, 2026 - 09:17
UK government borrowing costs hit 28-year high on leadership uncertainty
The yield on 30-year gilts jumped as much as 13 basis points to just over 5.8%, reaching the highest level since 1998.
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