UK long-term borrowing costs on brink of 27-year high; gold price hits record – business live - short news
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The bad news for finance ministers, such as Rachel Reeves, is that September has a track record as a bad month for long-dated bonds.
Over the last decade, government bonds globally with maturities of over 10 years posted a median loss of 2% in September, according to data compiled by Bloomberg. That’s the worst monthly performance of the year. More here.
The yield on the benchmark 10-year bond fell 2.5 basis..
source: The Guardian - 02.09.2025