Will this affect my mortgage rate?

Not directly, as the 30-year gilt does not have a direct impact on common fixed mortgage rates in the UK.

How can I protect my finances from higher interest rates?

Review your budget, consider paying off high-interest debt, and keep an eye on the bond market.

Not directly, as the 30-year gilt does not have a direct impact on common fixed mortgage rates in the UK.

Review your budget, consider paying off high-interest debt, and keep an eye on the bond market.

#UK borrowing costs#bond yields#government debt#interest rates#inflation#economy