Investors split on gilts as government fights higher borrowing costs amid rising yields

Bryn Jones, head of mounted revenue at Rathbones, described the current rise in UK gilt yields as “fairly a fear”.
“I’d get up early and never get again to sleep – so I had some early mornings worrying about what was happening,” he informed Funding Week.
When markets opened final Monday (6 January), yields on the UK 10-Yr gilt opened at 4.62%, with little change all through the day, in response to information from MarketWatch.
Equally, the UK 30-Yr gilt started that week at 5.18%, closing barely decrease final Monday, at round 5.17%.
‘Dangerous information’ for Labour as surging gilt yields places pressur…