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02.09.202508:29:31UTC+00UK 30-Year Gilt Yield Soars to 27-Year High

The yield on the UK's 30-year government bond reached 5.695%, the highest level since May 1998, amid escalating fiscal concerns. Attention has shifted to the forthcoming Autumn Budget, where Finance Minister Rachel Reeves is anticipated to increase taxes to meet fiscal objectives—a measure that might complicate efforts to stimulate economic growth. Concurrently, investors are monitoring Treasury Committee hearings involving Bank of England policymakers for insights into interest rate trends and possible changes to the central bank's quantitative tightening strategy.

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