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.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.