Energy bills bailout speculation sparks bond sell-off fears Markets An unfunded government intervention to subsidise household energy bills would trigger a gilt market rout likely to push the UK’s long-term borrowing costs to the highest they have been since 1997, bond investors and economists have warned. David Zahn, head of European fixed income at Franklin Templeton, told Morning Wire that the prospect of ministers [...]
‘Liz Truss-lite’: Is Japan in the midst of a sovereign debt crisis? Markets Japan’s long-dated bonds suffered their worst sell-off this century on Tuesday. Ali Lyon asks whether the rout could spark a full-blown debt crisis? For decades, the world’s fixed income investors have been sucked in – and spat out – by an alluring trade on Japan’s government bonds. Secure in their belief that the securities’ unfathomable, [...]
WATCH LIVE: Morning Wire reacts to the Budget Politics After months of speculation and mounting political drama, Rachel Reeves has delivered her second Budget. Morning Wire‘s team has all the latest news throughout the day on our Live Blog via morningwire.eu and the Morning Wire App, along with a special livestream broadcast from the heart of the Square Mile at 2pm. Broadcasting live from the London Stock Exchange, Morning Wire‘s Editor [...]
Sidelining Reeves now is a big gamble September 4, 2025 Keir Starmer's mini reshuffle has sidelined Rachel Reeves just as the markets need a show of faith, writes Helen Thomas.