[UK 30-Year Government Bond Auction Yield Hits Record High Since 1998] Golden Finance reports that on November 10th, the UK's 30-year government bond auction yield hit a record high for that maturity since the Debt Management Office (DMO) first conducted such auctions in 1998, further highlighting the pressure of rising borrowing costs on public finances. The DMO issued £1 billion of 5.375% conventional government bonds maturing in 2056 (the benchmark 30-year bond) at an average yield of 5.540%. Bids for the auction were 3.75 times the issuance size.