British 10 Year Gilt
UK Finance Minister Rachel Reeves’ spending plans risk creating ‘a snowball effect’ that pushes borrowing costs higher
LONDON, UNITED KINGDOM – MARCH 26, 2025: Britain’s Chancellor of the Exchequer Rachel Reeves leaves 11 Downing Street ahead of the announcement of the Spring Statement in the House of Commons in London, United Kingdom on March 26, 2025. (Photo credit should read Wiktor Szymanowicz/Future Publishing via Getty Images) Wiktor Szymanowicz | Future Publishing | […]
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As the TACO trade goes viral, another is gaining traction: ‘Anywhere But The USA’
“It’s become quite emotive,” one market watcher told CNBC. “Nobody wants to invest in an environment where the government might change its mind overnight.” Source
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CNBC’s UK Exchange newsletter: An all-too-familiar dial tone from Vodafone
A logo on the exterior of a Vodafone Group Plc store in London, UK, on Monday, May 13, 2024. Bloomberg | Bloomberg | Getty Images This report is from the first-ever edition of CNBC’s UK Exchange newsletter. Each Wednesday, Ian King brings you expert insights on the most important business stories from the U.K. and […]
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Investors flee to German bonds as Trump tariffs spark Treasury sell-off
Global bond markets were gripped by volatility on Wednesday, as the rollout of U.S. President Donald Trump’s reciprocal tariffs left investors scrambling to find safety in new areas — including German debt. U.S. Treasurys sold off on Wednesday as a new wave of duties came into force and China and the European Union announced fresh […]
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UK borrowing costs plunge, heading for first daily decline in 2025 as inflation fears ease
LONDON — U.K. borrowing costs fell sharply on Wednesday, following the release of lower-than-expected consumer inflation prints both at home and in the U.S. The yield on 10-year U.K. government bonds was 16 basis points lower at 4.727% at 4 p.m. in London, putting it on course for its first daily decline since Dec. 31. […]
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Ubisoft drops 8% after appointing advisors to review strategic options; European markets trade lower
European markets opened lower on Friday, as investors monitor economic data and ongoing turbulence in the U.K.’s debt markets. The pan-European Stoxx 600 index was down 0.1% shortly after the opening bell, with most sectors and major bourses in negative territory. London’s FTSE 100 shed more than 0.1% during early morning deals. Shares of Ubisoft […]
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Surge in UK borrowing costs is not a repeat of the ‘mini-budget’ crisis, economists say
LONDON — U.K. borrowing costs are elevated after the Labour government unveiled a huge package of borrowing and tax rises in its Wednesday budget — but analysts downplayed the possibility of a second “mini-budget” crisis in the British bond market. The 10-year gilt yield, representing medium-term borrowing costs for the government, was slightly lower on […]
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UK borrowing costs spike after extensive tax hikes announced in budget
Britain’s Chancellor of the Exchequer Rachel Reeves poses with the red budget box outside her office on Downing Street in London, Britain October 30, 2024. Maja Smiejkowska | Reuters LONDON — U.K. borrowing costs on Wednesday touched their highest level since Labour took office, after Finance Minister Rachel Reeves unveiled a vast package of tax […]
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Financial institution of England surprises with 50-foundation-position charge hike to deal with persistent inflation
A passageway around the Financial institution of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. Hollie Adams | Bloomberg | Getty Photographs LONDON — The Financial institution of England on Thursday stunned markets with a 50 foundation place hike to curiosity prices, its 13th consecutive enhance as policymakers grapple with […]
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Uk borrowing fees shut in on previous year’s ‘mini-budget’ crisis stages
British Primary Minister Liz Truss attends a information meeting in London, Britain, Oct 14, 2022. Daniel Leal | Reuters LONDON — U.K. borrowing fees are nearing degrees not seen due to the fact the throes of the bond market crisis brought on by previous Key Minister Liz Truss’ disastrous mini-spending plan. New facts on Wednesday […]
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