Yulia Slavina

Gilt yields hit multi-decade highs, Richard Tice warns

Gilt yields hit multi-decade highs, Richard Tice warns
Gilt yields surge to multi-year highs

Richard Tice warns of a potential fiscal crisis as he highlights financial market concerns over Labour.

According to Tice, 30-year gilt yields have climbed to a 28-year high at 5.8%, while 10-year yields have surged to 5.1%. He claims that Labour's actions are contributing to worsening economic conditions.

Tice has previously raised concerns that Labour party discord is increasing risk premiums on UK government debt, citing failed policies and stagnant growth in a recent report here. He has also questioned the decision by NEST pension fund to invest in costly foreign private credit, pointing to high fees and long lock-ins here. These statements add to his ongoing warnings about potential financial risks in the UK.

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