What the news says
The elevated UK 30Y yield directly impacts the UK government's and businesses' long-term borrowing costs, while reflecting market expectations for future inflation and monetary policy. Investors gain higher opportunity yield from long-dated bonds, raising the economy-wide cost of capital.
07/20, 10:18 PM
UK 30-year gilt yields reached 5.749%, the highest since May 20, rising over 8 basis points today.
UK 30-year gilt yields reached 5.749%, the highest since May 20, rising over 8 basis points today.
Affected assets
FirstSquawk
07/20, 10:18 PM
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