‼️ 🇬🇧 The UK is poised to pay its highest 10-year borrowing cost since 1999 as investors demand greater compensation for persistent inflation and potential spending increases ahead of next month’s budget. The Debt Management Office will auction up to £4.25 billion of 4.875% bonds due July 2036 on Tuesday, after the same issue yielded an average 5.16% last month—the highest level in almost two decades.
