Bond vigilantes return as UK borrowing costs hit 1998 highs
UK borrowing costs hit 1998 highs as investors demand fiscal discipline. Rising debt and inflation risks from the war on Iran drive this broader global trend.
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Xurve View
United Kingdom long-dated borrowing costs rose to their highest level since 1998 as investors sold bonds. Yields surged after an oil price spike linked to the Israel conflict with Iran. The return of "bond vigilantes" signals that investors are demanding higher compensation to hold government debt.
