UK's long-term borrowing costs jump to highest level since 1998. Here's why

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The yield on 30-year British gilts rose sharply on Tuesday and again on Wednesday, outpacing increases for other governments' bonds and hitting its highest since August 1998 at 5.

UK's long-term borrowing costs jump to highest level since 1998.

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Category: BusinessFinance

Markets: India

Topics: UK economy UK bond yield UK economic growth UK borrowing costs

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-08 @ 22:23:50 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 834 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24979655

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 369 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

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News Language: English

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Publisher ID: #49

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