UK 10-year gilt yield hits 5.441%, highest since 2007
- —UK 10-year gilt yield rose to 5.441%, up more than 7 basis points on the day
- —Two-year gilt yield climbed to 4.94%
- —The BoE held rates at 3.75% on Sept. 17, with six votes to hold and three for a 0.25-point hike
- —The BoE sees inflation near 3.75% in Q4 2026 and slightly above 4% in Q1 2027
Why it matters: Rising global yields raise borrowing costs and weigh on liquidity and leverage in crypto; BTC fell 2.86% to $83,783 the same day.
Source: TokenPost