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UK 30-year government bond yield rises to 6.02%, highest since January 1997

  • UK 30-year government bond yield rises to 6.02%.
  • The yield has gained 564 basis points from its 2020 low.
  • The 6.02% level is the highest since January 1997.

The UK’s 30-year government bond yield rose to 6.02%, its highest level since January 1997. The yield has increased by a total of 564 basis points from the low recorded in 2020, highlighting a substantial rise in long-term government borrowing costs.

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