UK 30-year government bond yields have hit a 25-year high, as a global sell-off pushed the cost of borrowing to the highest since 1998

Yield, or interest rate on UK 30-year government bonds

6%

23 September 2022

Bond yields soared after

Liz Truss’s mini-budget

4

15 September 2008

Collapse of

Lehman Brothers

2

March 2020

Bond markets rocked

by Covid-19 pandemic

0

2010

2014

2018

2022

6%

23 September 2022

Bond yields soared after

Liz Truss’s mini-budget

4

15 September 2008

Collapse of

Lehman Brothers

2

March 2020

Bond markets rocked

by Covid-19 pandemic

0

2010

2012

2014

2016

2018

2020

2022