UK Pays Highest Real Yield in Decades After Market Selloff
(Bloomberg) -- The UK paid the most in decades to sell 30-year inflation-linked debt after a punishing selloff that’s seen investors dump British stocks, bonds and the pound.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyA Blueprint for Better Bike LanesThe interest rate of 2.126% the government must pay on top of inflation for the £1 billion ($1.2 billion) of bonds sold at auction on Tuesday was the highest in data going back to 2006. The last time the so-call