UK government bonds have erased the bulk of their losses since Reeves’ October Budget, bringing long-term borrowing costs close to the level they maintained before her tax and spending plans accelerated a gilt market sell-off www.ft.com/content/0ead... - ThreadSky

pickardje.bsky.social • 18 days ago

UK government bonds have erased the bulk of their losses since Reeves’ October Budget, bringing long-term borrowing costs close to the level they maintained before her tax and spending plans accelerated a gilt market sell-off

https://www.ft.com/content/0eade7d4-b907-42c1-95c9-a26c8957cf2b

Comments

ianlineham.bsky.social•18 days ago

So, it's like we should really ignore the immediate reaction of the markets

guym.bsky.social•18 days ago

Who’d have thought it?

Apart from every sober person with a basic understanding of how markets work and what’s important, that is. 🙄

nickmcb0.bsky.social•17 days ago

Still Painted into a Narrow Corner but the Borrowing cost Death Spiral is levelling out.

Zero Growth Labour Austerity + Brexit currently running as good as it's ever going to get, by happenstance ..

leematysiak.bsky.social•18 days ago

Andrew Neil:

bigbamps.bsky.social•18 days ago

You won’t see the Mai, Express or Gaurdian report it unlike the doom mongering they did at the start

bigbadbuckley.bsky.social•18 days ago

I mean, is that causality fair?

alan160755.bsky.social•18 days ago

Good.
Genius?
Jury still out.

sjkenyon.bsky.social•18 days ago

Do you think there was an element of the media feeding frenzy over this a few weeks ago having accelerated the rise in gilt prices too?

guym.bsky.social•18 days ago

Oh yes. Exactly.

toekneee.bsky.social•18 days ago

The headline of the story does not convey the message in your post. Is it a partial or bulk reprieve?

drdarkmatter.bsky.social•18 days ago

Its not just Rachel Reeves its the country,

noeldarlow.bsky.social•17 days ago

Why does a govt with access to a literally infinite amount of money need to "borrow" its own currency..?

marycorcoran.bsky.social•18 days ago

So it’s settled down then? Without the help of financial correspondents and pundits. Who’d have thunk (slaps forehead)!

pennyrose.bsky.social•18 days ago

It’s not all doom and gloom despite what the media would have us believe

yusufkarmali.bsky.social•18 days ago

It’s almost as if the many in the media are generally financially illiterate and don’t know how to interpret data well

robin.bobin.uk•18 days ago

The News Agents in shambles.

davidw954.bsky.social•18 days ago

Looking forward to this being all over the newspapers, and Laura & Sophie to be summoning the Chancellor to their weekend shows talk about the gilt markets being broadly where she wants them to be…

outtaflushing.bsky.social•18 days ago

But it can't be! It's Liz Truss - just like Liz Truss! Well of course, not as bad so far, but she runs the same risks. She has to be sacked immediately or Keir Starmer and the UK are finished!

boxman266.bsky.social•18 days ago

BBC politics office

sl62.bsky.social•18 days ago

Indeed, clearly not the catastrophe that was being reported.. with all the positive signs, nws stagnating growth, things are clearly getting better.. and that’s just 6 months in .. the tanker is beginning to turn 👍

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