🚨 UK yields explode:
• 30Y: 5.44% (+21bps)
• 10Y: +20bps
• 2Y: +9.6bps
Pound tanks on fears of fiscal slippage after Reeves’ emotional welfare U-turn.
• 30Y: 5.44% (+21bps)
• 10Y: +20bps
• 2Y: +9.6bps
Pound tanks on fears of fiscal slippage after Reeves’ emotional welfare U-turn.