Bond vigilantes also sold gilts en masse, with UK government bond yields rising due to Andy Burnham's announcement.
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Britain’s prospective next PM tries to placate bond markets after sell-off, gilts steady
Burnham spooks markets with pound nosediving amid Starmer challenge
Why Britain’s potential next PM is putting investors on edge
Burnham approved to run in byelection; Pound heading for worst week in 18 months
Gilt yields rise as Burnham gears up to challenge Starmer
Fears that Britain cannot afford Burnham as markets take fright
Andy Burnham’s change in tack on fiscal rules and bond markets is understandable
Manchester's 'King of the North' Andy Burnham seeks UK conquest
Gilts de 30 anos disparam ao maior nível desde 1998 com turbulência política e preocupação fiscal no Reino Unido
Le spectre d'un nouveau Premier ministre fait bondir les taux britanniques
The U.K.'s would-be prime minister, Andy Burnham, is being closely watched by bond markets.
The yield on 30-year UK government bonds surged back up close to 28-year highs and the pound was down as much as 0.4 per cent…
Welcome back to the City AM liveblog - for all your top news, updates and analysis from the FTSE 100 and wider market.
At the time Burnham proposed this extra £40 billion of borrowing, the government was running a deficit of nearly £140 billion a…
By Miriam Mukuru and Renae Dyer
Traders fear a new left-leaning U.K. government led by Andy Burnham would challenge the country's fiscal discipline.
