--- title: "Borrowing costs rise at fastest pace since Truss mini-budget" type: "News" locale: "en" url: "https://longbridge.com/en/news/278156343.md" description: "Britain's borrowing costs are increasing rapidly, the fastest since the Liz Truss mini-Budget crisis, due to market reactions to the war in Iran. The yield on 10-year UK gilts has surged over 0.4 percentage points this week, rising from 4.23% to 4.69%. This represents the sharpest increase in government bond yields recently." datetime: "2026-03-06T19:19:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278156343.md) - [en](https://longbridge.com/en/news/278156343.md) - [zh-HK](https://longbridge.com/zh-HK/news/278156343.md) --- # Borrowing costs rise at fastest pace since Truss mini-budget Britain’s borrowing costs are rising at their fastest pace since the Liz Truss mini-Budget crisis, as the war in Iran sends shockwaves through markets. The yield on 10-year UK gilts, as the government bonds are known, has risen by more than 0.4 percentage points this week from 4.23pc to 4.69pc. It marks the sharpest increase in the yield on the bon... ### Related Stocks - [INXG.UK](https://longbridge.com/en/quote/INXG.UK.md) - [IGLT.UK](https://longbridge.com/en/quote/IGLT.UK.md) - [GLTS.UK](https://longbridge.com/en/quote/GLTS.UK.md) - [HUKX.UK](https://longbridge.com/en/quote/HUKX.UK.md) - [L100.UK](https://longbridge.com/en/quote/L100.UK.md) - [GILS.UK](https://longbridge.com/en/quote/GILS.UK.md) ## Related News & Research - [UK gilt yields hit century high amid political turmoil](https://longbridge.com/en/news/286669091.md) - [UK bonds claw back losses as Starmer challenger fails to emerge](https://longbridge.com/en/news/286219986.md) - [One of Wall Street's biggest stock bulls sees a 'meaningful correction' ahead if bond yields keep surging](https://longbridge.com/en/news/286806730.md) - [Analyst warns 10-year Treasury yield may climb to 6%](https://longbridge.com/en/news/287121496.md) - [Bond yield surge sparks investor caution on stock rally](https://longbridge.com/en/news/286681080.md)