UK government bond yields have surged since Kwarteng's mini budget

30 year UK government bonds

5% yield

Friday 23 September

Kwasi Kwarteng unveils mini-budget 

Sunday 25 September

Kwarteng tells BBC he plans further tax cuts

4

Wednesday 28 September Bank of England intervenes in markets

3

2

1

Jan 2022

Mar

May

Jul

Sep

5% yield

Friday 23 September

Kwasi Kwarteng unveils mini-budget 

Sunday 25 September

Kwarteng tells BBC he plans further tax cuts

4

Wednesday 28 September Bank of England intervenes in markets

3

2

1

Jan 2022

Mar

May

Jul

Sep