British government bond yields jumped on Tuesday after official data showed accelerating pay growth, prompting investors to lower their bets on interest rate cuts by the Bank of England next year. The yield on two-year gilts rose by around eight basis points to a peak of 4.454%, their highest since...
https://www.hellenicshippingnews.com/uks-rebounding-pay-data-pushes-up-borrowing-costs/