UK gilt yields are spiking at market open. 30-year rates up 10 basis points to 5.78% 10-year rates are up 8.5 basis points to 5.089%. The pound is down 0.5% against the dollar. Bond traders making their bets…
Paula Barker, Liverpool Wavertree MP backing Andy Burnham, told Times Radio there wouldn’t be trouble from the markets under Burnham:
“The markets will have to fall in line.”