UK Borrowing Costs Fall as Investor Nerves Ease
Bond yields retreat after reassurances on economic policy
UK borrowing costs declined as investor concerns over fiscal stability eased, with government bond yields falling after Prime Minister Keir Starmer reaffirmed support for Finance Minister Rachel Reeves.
The move helped calm markets that had been shaken by uncertainty over the government’s spending plans and commitment to disciplined financial management.
The move helped calm markets that had been shaken by uncertainty over the government’s spending plans and commitment to disciplined financial management.
