A plunging pound with surging U.K. yields suggest the bond vigilantes are lurking - MarketWatch
1. U.K. gilt yields surged, signaling potential global market concern. 2. 10-year yield hit 4.849%, highest since October 2008. 3. 30-year gilt yield surpassed 5.40%, steepest since 1998. 4. Rising yields indicate bond market volatility and financial risk.