
UK 10-year gilt yield hit 5.049%, an 11-day high
UK 10-year government bond yields hit 5.049%, an 11-day high, WSJ reported Aug. 11. Yield — the annual return for lending to the government — matters because higher yields can push up mortgages and loans. US 10-year yields rose to 4.735% too, per Tradeweb via WSJ. In my view, that points to shared inflation worry, not UK-only stress.
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