Is this a Gilt/Bond or am I reading it wrong

poseidon1

Alexland said:

poseidon1 said:

I suspect double digit returns from UK gilts at a time when other G7 sovereign bonds remained in the low single digit range, would likely spell disaster for  UK cost of servicing its debt, and impact adversely on the pound exchange rate.

Apparently in 1981 gilt auctions were achieving 16% we may see that again one day

I did say relative to other sovereign bonds.

US treasuries  were also yielding between 12% and 13% in 1981 ( peaking at 15.8% in September1981), so  no real disparity against the major G7 country at that time.