Original title: 30-Year Gilt Yields Climb to Highest Level Since 1998
00:00 I think the situation in the UK is quite dangerous at the moment because of the return of the bond vigilantes. I would say what is striking is the fact that it took so long to factor in this return of inflation into the Guild. Now the situation is indeed that I think forward guidance on the fiscal side will be needed. I think that I hope that the Bank of England will also make sure that they communicate well the policies that is the long past that is about to come. But to be fair, I think it needs a bit more than this. So what I am looking for right now is a way to reassure the markets of the fact that the situation, especially on the headroom on the fiscal side, the so-called 10 billion of missed fiscal space, is something that can be circumvented. So I hope that Rachel Reeves actually communicates a message on this. And if you got that message, Ludovic, from from the Chancellor come that October budget. What would this level look attractive to you? 5.6% or above 5.6%. Does that