Thursday, September 29, 2022
HomeEconomyShort-term UK government bond yields hit highest since 2008 ahead of BoE...

Short-term UK government bond yields hit highest since 2008 ahead of BoE and Fed

LONDON (Reuters) – U.K. two-year and five-year government bond yields rose to their highest levels since late 2008 on Wednesday, ahead of expectations for a rate hike by the Federal Reserve

The UK government has also provided more details on energy costs to support businesses, which it says will cost billions of pounds.

Two-year gilt yield rose to highest level since October 2008 at 3.381%, up The 95-year yield was the highest since November 2008 3. %, up more than 6 basis points.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LAST NEWS

Featured NEWS