Story thread · 2 reports / 1 sources

UK Locks In Priciest 30-Year Gilt Yield Since 1998: Tax Rises at October Budget Now Near-Certain

techtimes.com · 6dShare

UK gilt yield hits 28-year record as Britain sells 30-year bonds at 5.8168 percent, the costliest borrowing since the Debt Management Office was founded in 1998, cutting Chancellor John Healey's fiscal headroom to about 13 billion pounds and making tax rises at the October 28 Budget near-certain, economists warn.

First report: UK Budget 2026: Bond Market Has Already Halved Healey's Fiscal Room for Tax Rises — techtimes.com, 7d