🇬🇧 UK Government Bond Yields Tick Higher Amid Political Shakeup
UK 10-year Gilt yields rose 5 bps to 4.57% following reports that Tim Allen, UK Government Communications Director, resigned.
Why it matters:
• Bond yields move inverse to prices — higher yields = falling bond prices
• Political instability adds risk premium, pushing yields up
• Could influence GBP sentiment, UK equities, and global risk appetite
📌 Macro takeaway:
Markets are watching UK politics closely. Even minor resignations can ripple through interest rate expectations and risk pricing, especially in sovereign debt markets.
$BTC #UKBonds #Macro #GBP #MarketVolatility #RiskSentiment