UK long-term borrowing costs hit highest level since 1998
Open Editor’s Digest for free Rula Khalaf, editor of the Financial Times, picks her favorite stories in this weekly newsletter. The UK’s long-term borrowing costs have reached their highest level since 1998 as investor concerns grow about the risk of stagflation. The yield on 30-year government bonds reached 5.22 per cent on Tuesday, surpassing the…