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UK 2040 Gilt Auction Yield Hits 5.332% as Debt Costs Rise

UK 2040 Gilt Auction Yield Hits 5.332% as Debt Costs Rise
Wayne Jackson · pexels

The UK debt management office successfully cleared £750 million in 2040 treasury gilts, securing a yield of 5.332% for the long-dated issuance. This auction provides a clear data point for investors tracking the trajectory of sovereign bond yields in the…