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MARKETS-ECONOMIC TIMES · INDIAN ·

Global Market: Record UK gilt yield raises fiscal pressure ahead of October Budget

As reported by Markets-Economic Times
Britain sold £4.25 billion of 30-year gilts at a record-high yield of 5.8168%, underscoring rising borrowing costs and fiscal pressures. Despite the elevated yield, demand remained strong, with orders exceeding £87 billion, as investors continued to favour UK government debt.
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