The Guardian Australia – Business
·business
·1 hour ago
Gilt yields surge as energy prices drive market volatility over politics
UK gilt yields have surged since March, but the bond market's focus remains split between the Iran conflict and Labour's leadership contest. While any extreme fiscal promises could trigger market punishment, energy prices—not political uncertainty—drive current gilt volatility. Candidates likely remember Liz Truss's 2022 mini-budget disaster and will temper radical commitments.
Summary by Glance · The Guardian Australia – Business
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