UK Bond Rout Draws Comparisons to Truss Era Turmoil
Market volatility highlights investor concerns over fiscal plans
A sharp selloff in UK government bonds has rattled investors and drawn comparisons to the market chaos that followed Liz Truss’s mini-budget in 2022, with yields surging amid doubts over the government's fiscal credibility.
Analysts warn that persistent concerns about spending and borrowing risks could damage confidence in the UK's economic management.
Analysts warn that persistent concerns about spending and borrowing risks could damage confidence in the UK's economic management.
