long-dated bonds

Germany is set to sell 30-year bonds, causing borrowing costs to reach a 15-year high during a major sale of long-dated bonds. Investors are demanding greater compensation for lending because governments are increasingly indebted and struggling with inflation.

Investors and fund managers advise Scotland to avoid long-term debt to mitigate the risk of a higher independence premium. The market is expected to be cautious about long-dated bonds as Scotland plans its first bond issuance since the 17th century.