Rachel Reeves must handle bond sell-off with care, but this is not a Truss-level event
Briefly

"The yield on 10-year gilts has reached unprecedented levels since the 2008 financial crisis, greatly increasing government borrowing costs and raising concerns around fiscal sustainability."
"Reeves has indicated that her fiscal rules are non-negotiable, suggesting potential cuts to public spending as the government faces substantially higher debt servicing costs due to persistent borrowing rates."
Read at www.theguardian.com
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