#government-bonds

#government-bonds

The yield on British government bonds, known as gilts, fell by about 0.1 percentage points on Thursday morning to trade close to 4.5%, reversing a sharp rise on Wednesday sparked by feverish speculation over Reeves's future.

(The welfare U-turn) is signalling that the Labour Party is a lot less concerned about what the gilt market thinks. I would have thought it was seared into politicians' memories what happened to Liz Truss.