Bad news for the UK?

A major player withdrawing from UK debt market:

The BofE seems to be losing control as gilt yields are starting to spike:

British government bond yields rocketed on Wednesday after inflation fell less than expected, putting two-year gilts on track for their biggest daily loss since the turmoil that followed former premier Liz Truss’s mini-budget last year.

Could you post a chart to see the trend? One day is not a trend.

I don’t need a chart to see what is going on:

Mortgage costs are rising after higher than expected inflation figures this week raised forecasts of how much UK interest rates will go up.**

A range of lenders have increased the cost of new deals, with Nationwide the most significant with increases of up to 0.45 percentage points on Friday.

It comes amid expectations the Bank of England will have to raise interest rates higher than previously thought.

No one can see without a chart.