Warning mortgage rates could soar after cost of UK borrowing hit a 28-year high
- Posted on September 3, 2026
- By Daily Mail
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- 1 min read
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Warning mortgage rates could soar after cost of UK borrowing hit a 28-year high
Yields on 30-year UK bonds, known as gilts, climbed above 5.92 per cent, the highest level since 1998, while 10-year gilt yields rose above 5.29 per cent, the highest since 2008.
