"important not to focus too much"
"across the developed world"
"quite a high number but it is not what is being used for funding at all at the moment actually"
The interest rate on 30-year UK government bonds fell to 5.55% from a midweek high of 5.75%. Yields on 30-year gilts have been rising for several months amid wider increases in long-term borrowing costs. A drop in US borrowing costs contributed to the recent easing in UK yields after US 30-year Treasury yields eased from recent highs. Thirty-year yields in Germany, France and the Netherlands reached levels not seen since 2011, reflecting global pressures. Drivers include geopolitical tensions, US trade policies and high government borrowing. Bank of England governor Andrew Bailey warned against overemphasising longer-term yields and noted similar rises across developed economies.
Read at www.bbc.com
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