Odaily Planet Daily reported that the UK's 30-year government bond yield hit a 27-year high on Tuesday as market concerns about massive government debt and US President Trump's attempt to fire a Federal Reserve governor pushed up global government borrowing costs. Data from the London Stock Exchange showed that the 30-year UK government bond yield hit a high of 5.680%, up about 4 basis points on the day, the highest level since May 1998. Germany's 30-year government bond yield also rose to a 14-year high, following the rise in US Treasury yields. The UK's 30-year borrowing costs are the highest among the G7 countries, reflecting concerns about the country's inflation rate, heavy borrowing levels and slow economic growth. British Chancellor of the Exchequer Reeves is expected to raise taxes in the autumn budget to continue to achieve his fiscal goals, which may increase the challenge of accelerating economic growth. (Jinshi)