2026-10-07 16:23:55
UK 30-Year Gilt Yields Hit 5.99%, Break 6% Intraday on October 7 Amid Oil Rally and Fiscal Concerns
According to Yonhapinfomax, on October 7 (local time), UK 30-year gilt yields surged to 5.9918%, briefly breaking the 6% threshold intraday—marking the highest level since 1998. The 10-year gilt yield also rose 8.35 basis points to 5.4648%.
The selloff reflects rising inflation concerns driven by s