The IMF has warned about surging global interest rates as a worldwide bond sell-off pushes UK borrowing costs to their highest levels since the global financial crisis.

Borrowing costs for UK rise to highest level since 2008 and Japanese yields hit highs not seen since 1990s

The higher oil price fuelled fears of rising inflation, putting pressure on global bond yields.

The global bond market is witnessing a significant retreat, causing an increase in borrowing expenses. The ongoing tensions in the Middle East have spiked energy prices, raising…

Global government borrowing costs are reaching multi-decade highs as inflation persists. Bond yields in major economies like the United States and Japan have sharply increased.…