This remained around the 5pc mark late on Tuesday, while the 20-year and 30-year yields reached 5.41pc and 5.37pc, respectively. The Bank of England is forecast to keep rates on hold at its next meeting on Thursday but traders are betting rates will rise from 3.75pc to 4pc in November, days after Chancellor John Healey’s first Budget. Homeowners face higher rates because of the bond market turmoil, as major lenders reprice residential and buy-to-let mortgages, according to experts. Rohit Kohli, director at The Mortgage Stop, said “this is being driven by the bond markets” and warned that “gilts and swaps aren’t kind to borrowers”. Craig Fish, Director at Lodestone Mortgages, said while borrowers with large deposits can still find rates around 4.5pc to 4.6pc, “that window is narrowing by the week”.  He added that “until swap rates settle, expect rates to keep drifting up, not down”. Economists have warned that the Bank of England, the Federal Reserve and other central banks are at risk of a “self-reinforcing” cycle of rate rises and higher bond yields. …