1. UK Sells 10-Year Gilts at Highest Yield Since 2008 Crisis, Drawing Record Demand
The UK government has been forced to pay the highest interest rate since the 2008 financial crisis to sell its 10-year bonds, a stark signal of persistent market pressure on British debt. The Debt Management Office's gilt sale attracted a record number of buyers, but their eagerness underscores a bet on locking in elev...