'Borrowing costs hit 28-year high' and 'Come cry with me'
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Borrowing costs have reached a 28-year high in the uk, with gilt yields increasing ahead of local elections. This surge is part of a larger market trend, with US treasuries also experiencing a significant increase, including a 30-year yield that has hit a 19-year high. The situation has led to a brief but intense market selloff.
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