@shaw_financial_services: The government just paid 5.8% to borrow for 30 years. The highest since records began in 1998. Mortgage rates are priced off the same markets. That’s why fixes have been creeping up while the Bank of England sits on its hands. Oil near $100. Gas storage low. A dreadful harvest. A global bond sell-off. Swipe for the plain-English version and my honest guess on whether this is the peak.