Bond sell-off: US government borrowing costs hit highest since 2002, as UK 30-year bond yield hits 6% – as it happened

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: The Guardian
Bond sell-off: US government borrowing costs hit highest since 2002, as UK 30-year bond yield hits 6% – as it happenedWorldPing
Image via The Guardian.

What happened

Global bond rout kicks off again, with UK 30-year gilt yields hitting highest since 1998 Worryingly for Paris, the difference between French and German borrowing costs has widened to a 14-year high this morning.

Key facts

  • Global bond rout kicks off again, with UK 30-year gilt yields hitting highest since 1998 Worryingly for Paris, the difference between French and German borrowing costs has widened to a 14-year high this morning.
  • Reported by The Guardian and published Thu, 01 Oct 2026 16:08:01 UTC.

Why it matters

Economic releases and corporate results feed directly into rate expectations, currency moves and equity pricing, so the detail here often matters more to markets than the headline itself.

What to watch next

  • Revisions to the initial figures once fuller data is released
  • How rate expectations and index futures respond
  • Guidance or commentary from the companies and policymakers involved

Sources

The original report was published by The Guardian. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at The Guardian

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