UK gilt yields have climbed to their highest levels in 28 years. This is an unwelcome development for the Treasury but translates into higher annuity rates for pensioners

UK gilt purchases rose 34% in 30 days as long-term yields hit 5.83%, the highest since 1998, drawing retail investors seeking tax-efficient fixed

UK gilt yields have climbed to their highest levels in 28 years. This is an unwelcome development for the Treasury but translates into higher annuity rates for pensioners