Macro Finance
UK Is First Big Economy to Pay 6% on Long Debt Since Euro Crisis
Bloomberg Markets·October 1, 2026·1 min read
The UK's long-term borrowing costs hit 6% for the first time in almost three decades, making it the first major economy to pay that rate since the euro crisis in 2012. The rise reflects investor concerns over inflation and fiscal policy, and could increase government debt servicing costs significantly.
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