Ten-year Gilt Yields Hit Highest Level Since 2008 -- Market Talk
Dow Jones03-20 18:45
1045 GMT - Yields on U.K. 10-year government bonds climb to the highest level since 2008 as the Middle East war raises concerns about prolonged energy supply shock and the risk of high inflation. In addition, the latest U.K. public finances data for February showed rise in government borrowing, reviving fears about the U.K.'s fiscal sustainability. U.K. public borrowing rose to 14.3 billion pounds ($19.2 billion) in February, from a 30.4 billion pounds surplus in January, higher than the consensus forecast by economists in a WSJ poll of 9.3 billion pounds of borrowing. Ten-year gilt yields hit a high of 4.942%, LSEG data show. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
March 20, 2026 06:45 ET (10:45 GMT)
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