Pound tumbles as UK bond yields soar:
• 30Y +21bps (5.44%)
• 10Y +20bps
• 2Y +9.6bps
Markets fear fiscal discipline is fading after Reeves’ welfare U-turn.
• 30Y +21bps (5.44%)
• 10Y +20bps
• 2Y +9.6bps
Markets fear fiscal discipline is fading after Reeves’ welfare U-turn.