UK government borrowing costs jumped after Kwasi Kwarteng's mini-budget

UK 30-year gilt

US 30-year gilt

Euro 30-year gilt

200 Basis point change since 1 September 2022

Bank raises interest rates

by 0.5 percentage points

150

Chancellor delivers

mini-budget

100

50

0

Bank intervenes

to buy gilts

-50

Fri

2 Sep

Fri

9 Sep

Fri

16 Sep

Fri

23 Sep

Fri

30 Sep

UK 30-year gilt

US 30-year gilt

Euro 30-year gilt

200 Basis point change since 1 September 2022

Bank raises interest rates

by 0.5 percentage points

150

Chancellor delivers

mini-budget

100

50

0

Bank intervenes

to buy gilts

-50

Fri 2 Sep

Fri 9 Sep

Fri 16 Sep

Fri 23 Sep

Fri 30 Sep