UK gilts head for worst week in seven amid election fears

12 articles · Updated · Bloomberg · May 1

Thirty-year UK gilt yields rose 12 basis points to 5.70%, the highest among major developed markets, as investors prepared for local elections next week.
Traders are shifting focus from monetary policy to political risk, with the vote seen as a possible trigger for government turmoil and another bond selloff.
Long-dated gilts are acting as a key barometer of UK fiscal and political risk as markets assess whether election results could unsettle confidence in the government.

Is the UK's political turmoil a warning sign or a golden opportunity for bond investors?

Is the UK's new debt strategy a smart gamble or a fiscal time bomb for taxpayers?