Damian Pudner
@DamianPudner
UK 30-year gilt yields have just smashed through 6%, hitting 6.065%. The 10-year is at 5.53%.
A month ago I said 6% was the "danger zone". Buckle up!
This is the bond market putting a price on Britain’s fiscal credibility. The real pain has only just begun.
A month ago I said 6% was the "danger zone". Buckle up!
This is the bond market putting a price on Britain’s fiscal credibility. The real pain has only just begun.
Damian Pudner@DamianPudner · Sep 1UK 30y Government borrowing cost is getting close to my 6% danger zone.
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