UK borrowing costs soar as gilt yields hit 6% for first time since 1998

74 reports from 73 outlets in 1 language · first reported 2026-10-01 08:12 UTC · updated 2026-10-01 13:00 UTC · JSON

The UK's 30-year gilt yield reached 6% for the first time since 1998^{[1, 7]}. This increase in borrowing costs reportedly caused the London FTSE 100 Index to drop by 1.7%^[2]. According to some reports, the rise in gilt yields was due to global bond market issues^[2–6].

This brief was written by a language model from the reports below; bracketed numbers link to them. Check the reports for anything that matters.

Reports

1. UK borrowing costs soar as gilt yields hit 6% for first time since 1998Published by standard.co.uk, islingtongazette.co.uk, dunmowbroadcast.co.uk, brentwoodlive.co.uk, penarthtimes.co.uk, andoveradvertiser.co.uk, somersetcountygazette.co.uk, edp24.co.uk, wiltshiretimes.co.uk, thisiswiltshire.co.uk, tivysideadvertiser.co.uk, readingchronicle.co.uk and 56 more · 2026-10-01 12:29 UTC
2. UK 30-year gilt yield reportedly hits 6% for first time since 1998 · Diggdigg.com · en · 2026-10-01 13:00 UTC
3. UK borrowing costs soar as gilt yields hit 6% for first time since 1998 | The Wiltshire Gazette and Heraldgazetteandherald.co.uk · en · 2026-10-01 09:32 UTC
4. UK borrowing costs soar as gilt yields hit 6% for first time since 1998 | East London and West Essex Guardian Seriesguardian-series.co.uk · en · 2026-10-01 09:32 UTC
5. UK borrowing costs soar as gilt yields hit 6% for first time since 1998 | Dumbarton and Vale of Leven Reporterdumbartonreporter.co.uk · en · 2026-10-01 09:32 UTC
6. UK borrowing costs soar as gilt yields hit 6% for first time since 1998 | Burnham and Highbridge Weekly Newsburnhamandhighbridgeweeklynews.co.uk · en · 2026-10-01 09:31 UTC
7. UK 30-year gilt yields hit 6% for the first time since 1998dailymail.com · en · 2026-10-01 08:12 UTC