UK 30-year borrowing costs hit 6%, highest since 1998, as government bond sell-off intensifies – business live

Global bond rout kicks off again, with US 10-year Treasury yields hitting highest since 2002Worryingly for Paris, the difference between French and German borrowing costs has widened to a 14-year high this morning.The gap between French and German government bond yields – a market gauge of the risk premium investors demand to hold French debt - was at 127.51 bps, after reaching 128.80 bps, its highest level since June 2012, Reuters reports.Inflation, deficit and issuance concerns continue to wei