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The Guardian - UK
The Guardian - UK
Business
Hilary Osborne Money and consumer editor

What the bond market turmoil means for your mortgage, pension and savings

House made of multi-colour building toy blocks on wooden floor
Some people with mortgages and pension and other savings fear the building blocks of their future have been thrown into disarray. Photograph: Oscar Wong/Getty Images

The bond market sell-off has revived fears about rising borrowing costs after the crisis that followed Liz Truss’s disastrous mini budget in 2022. However, experts are suggesting there is no need to panic. Here is what it may mean for mortgages, pensions and savings.

Mortgages

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