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UK 30-Year Gilt Yields Hit Century Highs: What It Means for Your ETF

UK 30-Year Gilt Yields Hit Century Highs: What It Means for Your ETF
Harry Shum · pexels

The United Kingdom's bond market has entered a phase of acute turbulence, with borrowing costs surging to levels not seen this century. At the heart of the storm is a leadership crisis involving Prime Minister Keir Starmer, whose position has become increasingly precarious over the last 24 hours. Reportedly, several cabinet ministers are exerting pressure on the PM to consider his resignation, a move that has deeply shaken international investors' confidence in the country's…