U.K. 30-Year Yield Tops U.S. as Pressure Mounts on Government Borrowing

The U.K.’s fragile fiscal situation is back in focus as yields on long-term government bonds surged, topping their U.S. counterparts for the first time this century.

The 30-year U.K. government bond offered a yield of 5.61% at press time. That's 68 basis points more than the 30-year U.S….

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