
The UK government sold £4.25 billion of a 2056 gilt on 8 September at a yield of about 5.82%, the highest the Debt Management Office has paid on such a sale. The Bank of England's ongoing gilt sales, planned at £20 billion a year, are reducing its holdings of about £895 billion.
Thirty-year gilt yields have reached their highest since 1998.
Rising UK long-dated yields and a shift away from central bank bond buying tighten financial conditions and can influence sterling. Direct effects on feed commodity prices are limited.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.