UK 30-year gilt yield tops 6%, highest since 1998, as debt interest forecast hits £117bn by 2027/28

UK 30-year gilt yields rose above 6%, the highest since 1998, with debt interest forecast at £117bn in 2027/28 and £96.5bn of new borrowing, according to a widely circulated market summary. Over five years interest is put at £682bn, £58bn above the OBR's March forecast.

Detected & updated continuously · Source: Nebula