Gilt yields soar past Mini Budget levels on UK wage growth jump

Up 0.38 percentage points to 4.85%

Valeria Martinez
clock • 2 min read
Gilt yields soar past Mini Budget levels on UK wage growth jump

Short-term gilt yields have soared above levels seen in the wake of Liz Truss’ Mini Budget following the largest wage growth rate seen outside the coronavirus pandemic.

Two-year gilts rose 0.38 percentage points to 4.85%, according to data from MarketWatch, past the 4.64% peak last seen in the aftermath of the Mini Budget on 27 September.  Longer-dated gilts ha...

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