The Zhitong Finance App learned that due to a sharp rise in yield and pressure on government finances driven by a wave of global bond sell-offs, the UK is about to face the most expensive debt issuance since at least 1998.

The Zhitong Finance App learned that due to a sharp rise in yield and pressure on government finances driven by a wave of global bond sell-offs, the UK is about to face the most expensive debt issuance since at least 1998.