UK 10-year gilt yield hit 5.049% in August on inflation fears

Ten-year UK government bond yields reached 5.049%, an 11-day high, WSJ reported Aug. 11. Yield is the annual return investors demand to lend. Higher yields can mean higher borrowing costs for mortgages and loans. US 10-year yields rose to 4.735% at the same time, per Tradeweb data cited by WSJ. I read this as shared inflation worry, not UK-only stress.