Britain's bond yields surge to highest levels in nearly 30 years

Britain's bond yields have surged sharply at the start of 2025. As of January 9, 30-year yields reached 5.45%, the highest in nearly 30 years, while ten-year yields hit 4.82%, the highest since the 2007-09 financial crisis. This increase follows a prolonged sell-off of British government bonds, known as gilts. Factors contributing to this trend include economic policies and external influences, notably from the United States. The rise in yields reflects growing concerns about the UK economy and government spending. The situation marks a significant shift from previous lower yield levels.