UK 10-year borrowing costs hit fresh highs as bond market sell-off continues – business live

Rolling coverage of the latest economic and financial news UK long-term borrowing costs could halve chancellor’s budget headroom The Guardian view on the global bond shock: Andy Burnham should take note Newsflash: UK government borrowing costs have jumped at the start of trading, as the bond market sell-off continues. The yield, or interest rate, on UK 10-year bonds jumped by 4 basis points (0.04