Are you aware that is an impossible situation in the UK and that you should never listen to journalists or economists on this topic. They haven’t a clue what they are talking about.
Look at the one month Treasury bill to see the actual situation.
Look at the one month Treasury bill to see the actual situation.
Maybe 20 years from now, you will be on a resort laughing at the treasury bill rates of 2025 and compare their accuracy to pets.com.
Rising rates at long maturities is a signal of uncertainty. The market is wanting shorter maturities. So stop issuing the long stuff the market doesn’t want and issue the shorter stuff it does want. Even to the point of leaving all of it on overnight until the dust settles
These journalists do not say that Britain is bankrupt. Their article was arbitrarily cited by someone else to support his claim about Britain.