LONDON DAILY ARCHIVE

UK 30-Year Gilt Yield Reaches 6% as Energy Shock Drives Borrowing Costs Higher

The yield on 30-year British government debt has climbed to 6% for the first time since 1998, as higher oil and gas prices linked to Middle East conflict intensify concerns over debt-servicing costs and fiscal sustainability.

03 October 2026 · 22:52 UTC