‘How long can the gilt market act as the UK’s political police?’
The bond vigilantes saddle up for Starmer
The bond vigilantes saddle up for Starmer

Rachel Reeves has steered the gilt market to a less skittish place with the Budget

There is a way to reduce the risk of a run on gilts and decrease the cost of government borrowing

Gilts investors have long suspected that Labour would abandon its manifesto promises

Investors fear political turmoil following period of relative calm in UK markets

30-year gilt yield at highest this century as cabinet ministers pressure prime minister to consider his position

Investors warn loosening fiscal rules or change of prime minister could add to pressure on UK borrowing costs