Rolling coverage of the latest economic and financial news
Rolling coverage of the latest economic and financial news
Sanae Takaichi’s conservatives cement power in landslide Japan election win
UK borrowing costs are pushing higher, as pressure continues to mount on Keir Starmer.
The yield, or interest rate, on 10-year government bonds is now up 7 basis points (0.07 percentage points) to 4.59%, as gilt prices continue to drop.
That’s close to the two and a half-month high touched last week.
The possibility of a change of leadership in the UK has unsettled some investors and sent bond yields higher.
U.K. bond yields ticked higher Thursday morning as faith in Starmer's leadership was shaken yet again.
More than 70 Labour MPs have called on Keir Starmer to resign.
Yield on 30-year gilts reaches a 27-year high after Downing Street reshuffle
Bond yields drop as market fears ease that Labour leader will be replaced by a more leftwing rival
Rolling coverage of the latest economic and financial news
