A debt storm shake Britain .. Bond returns and sterling under pressure

The yields of the long -term British government bonds have risen to the highest level since 1998, while the British pound has dropped, which put the government of Prime Minister Kiir Starmer under pressure to restore the confidence of the investors concerned about financial expectations. The yields of the mortgage jumped 30 years with 5 basis points to record 5.69%, while the pound fell by more than 1% to become the worst of the most important currencies. The FTS 100 index also fell 0.5%. The British government “in a critical position” is the return on standard mortgages for ten years in Britain, the highest of the group of seven, while the cost of rising debt faces the complexity of the critical financial situation facing Treasury Secretary Rachel Reeves before the autumn budget statement. Also read: The British Secretary of the Treasury who is reconsidering the tax of private stock companies, according to the estimates of “Bloomberg Economics”, is seeking to fill a $ 35 billion ($ 46.9 billion) budget gap by reducing the expenditure or setting up taxes, which is a political task. “The situation in the UK is currently dangerous because of the return of what so -called ‘mortgage guards’ is -or what investors in the mortgage markets punishing governments on the irresponsible financial or cash policies -the strange thing here is that the impact of high inflation data has taken a long time. Starter on the mercy can occur. Betting of the options market indicates that the expectations for the next month have been the worst of the pound against the dollar since July. Capital, wrote that the United Kingdom faces the danger of a ‘moment of filter’, similar to the micro -building -consequences that ‘three years ago’ does not restore confidence in the country’s public finances.

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