UK 30‑Year Yields Hit 1998 High as Starmer Uncertainty
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- UK 30-Year Yields jumped to the highest level since 1998
- Investor jitters over Starmer uncertainty drove UK borrowing costs to a 28‑year high
- Starmer pressure contributed to the rise in UK 30‑year yields
Why it matters: The Treasury will face higher interest outlays, forcing the government to allocate more of its budget to debt service, while borrowers and mortgage‑seekers confront steeper rates, potentially dampening housing demand.
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