UK 30-Year Bond Yields Reach 1998 High

British 30-year bond yields surged to their highest level since the beginning of 1998, reaching 6.029%, influenced by rising U.S. Treasury yields, despite stable oil prices amid growing hopes of ending the war with Iran. Additionally, 10-year bond yields hit their highest level since 2007, and 5-year bond yields rose to their highest since 2008, amid concerns over inflation, rising energy costs, and the ongoing increase in global interest rates.

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