Political Uncertainty Sends British Bond Yields Higher

Political Uncertainty Sends British Bond Yields Higher

Political Uncertainty Sends British Bond Yields Higher British government bond yields initially surged on Monday as investors reevaluated the political stability of Prime Minister Keir Starmer. The resignation of Starmer's chief of staff, Morgan McSweeney, has added to investor uncertainty, particularly due to Starmer's controversial appointment of Peter Mandelson.Doubts within the Labour Party about Starmer's capabilities are fueling concerns. …

UK political uncertainty keep gilt market nerves in focus

Political uncertainty is continuing to cast a shadow over UK gilt markets, with questions persisting over Prime Minister Starmer’s leadership at a delicate moment for the economy. For bond investors in particular, the timing is awkward: inflation is expected to fall sharply in the months ahead and the Bank of England appears poised to begin cutting interest rates as early as March. Against this backdrop, speculation over a potential Labour leade…

Gilt yields jump as pressure mounts on Starmer amid leadership speculation – Your Capital Minds

UK government borrowing costs climbed on Monday as markets reacted to intensifying pressure on Sir Keir Starmer, with investors pricing in heightened political risk and the possibility of a shift towards more left-leaning Labour policies. The yield on the benchmark 10-year UK government bond rose by as much as 0.08 percentage points to nearly 4.6 per cent, while yields on 30-year gilts reached their steepest level since November. Bond yields mov…