Soured sentiment sends yields soaring in the US and UK
Wednesday 3rd September 2025
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NAB’s Skye Masters says rising government debt is a global issue, but it’s being felt particularly in the UK, where falling confidence in the government is souring sentiment further. As a consequence, 30 year yields rose to the highest level since 1998. As Phil points out, that’s the year Google was founded, and Apple came out with the iMac. US yields are also higher, in part because of continued concern about rising debt if President Trump has to relinquish his tariffs…
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