UK 10-year gilt yield highest since 2008 as rising oil prices trigger global bond rout – business live– business live
Renewed fighting in Middle East weighs on financial markets; Shein shares tumble after Hong Kong stock market debut UK government borrowing costs have risen to the highest since 2008, as higher oil prices stoke inflation fears. Brent crude, the global oil benchmark, is now up 1.3% at $91.69 a barrel