英国长期借贷成本创28年新高

英国政府周二长期借贷成本大幅上升，创下自1998年初以来的最高水平。130年期英国国债收益率达到5.89%，10年期收益率则攀升至5.25%，后者为2008年全球金融危机以来的最高水平。1

这波全球债券抛售源于多重国际因素的叠加。1日本央行可能加息、油价上升推高通胀预期以及美国赤字担忧共同驱动了市场动向。1油价上涨1.7%至92美元，升幅与伊朗冲突升级密切相关。1日本10年期收益率也创下1990年代以来的最高水平。1美国财政部长Scott Bessent表示："我掌握市场没有的信息，我相信日本政府和日本央行会采取措施推升日元。"1此外，美国联邦储备委员会主席Kevin Warsh周五警告，如果通胀未回到目标，央行仍有"工作要做"。1

英国预算责任办公室将在10月28日财政大臣约翰·希利的预算中反映这些变化。1

British government long-term borrowing costs surged to their highest levels in nearly three decades on Tuesday, reflecting mounting global financial pressures 1. The 30-year gilt yield reached 5.89%, the highest since early 1998, while the 10-year yield climbed to 5.25%, marking its peak since the 2008 global financial crisis 1.

The sell-off in global bond markets stems from multiple international factors 1. Rising oil prices, which climbed 1.7% to $92 per barrel amid escalating tensions over Iran, have fueled inflation expectations 1. Simultaneously, expectations of potential interest rate increases by Japan's central bank have unsettled investors, with Japanese 10-year yields reaching their highest levels since the 1990s 1. U.S. fiscal deficit concerns have also weighed on sentiment, with Treasury Secretary Scott Bessent stating, "I have information that the market doesn't have, and it's my belief that the Japanese government and the Bank of Japan will do the things that will lead to a stronger yen" 1.

Federal Reserve Chair Kevin Warsh reinforced the challenging outlook on Friday, warning that central banks still have "work to do" if inflation has not returned to target 1. These developments come as G20 finance officials gathered in North Carolina to discuss the global economic situation 1. In the UK, the Office for Budget Responsibility is expected to reflect these market changes in Chancellor John Healey's budget statement scheduled for October 28 1.