Gilts
Macro
Markets
UK Gilt Yields Hit 15-Year High as Energy Shock Forces BoE Into Stagflation Trap
Yields breach 4.9% as Iran war reprices terminal rates, creating fiscal sustainability crisis for Reeves while growth stalls at zero.
Markets
UK Borrowing Falls as Reeves Delivers Post-Pandemic Fiscal Consolidation
Britain plans fastest deficit reduction in G7 as gilt issuance holds at £304 billion despite tighter fiscal stance.