Yield on 10-year government debt hits highest level since November as investors weigh up PM’s survival chances
UK borrowing costs rose on Monday as investors watched for signs of jitters in the markets over Keir Starmer’s future.
The yield, or interest rate, on UK benchmark bonds increased as traders reacted to Sunday’s resignation of the prime minister’s chief of staff, Morgan McSweeney, over the decision to appoint Peter Mandelson as ambassador to Washington.
Continue reading…Yield on 10-year government debt hits highest level since November as investors weigh up PM’s survival chancesBusiness live – latest updatesUK politics live – latest updatesUK borrowing costs rose on Monday as investors watched for signs of jitters in the markets over Keir Starmer’s future.The yield, or interest rate, on UK benchmark bonds increased as traders reacted to Sunday’s resignation of the prime minister’s chief of staff, Morgan McSweeney, over the decision to appoint Peter Mandelson as ambassador to Washington. Continue reading…
