The yield on the UK's 10-year gilt rose to 4.8%, its highest point since January, while 30-year borrowing costs set a new 27-year record high, highlighting persistent fiscal concerns. All eyes are now on the upcoming Autumn Budget, where Finance Minister Rachel Reeves is under pressure to announce tax hikes or spending cuts to meet fiscal targets - decisions that could complicate efforts to stimulate economic growth. Markets are also closely monitoring the Treasury Committee's questioning of Bank of England officials for any new information regarding the timing of future interest rate cuts or potential changes to the central bank’s quantitative tightening program.