on September 2, 2025 at 8:42 pm UK bond yield jumps to its highest level since 1998 at 5.697%; Pound Sterling down 1.5% in a day. Here’s why​

The United Kingdom’s 30-year borrowing costs jumped to their highest level since 1998 amid rising investors’ anxiety about the nation’s ability to manage its finances. The UK Pound Sterling also dropped 1.5% on Tuesday.