Long-Dated Gilt Yields Could Face Volatility in Lead-Up to Special Election -- Market Talk
Dow Jones06-11 20:58
1258 GMT - Long-dated gilt yields are expected to show sensitivity to political risk in the lead-up to the special election in Makerfield constituency on June 18, Bank of America strategists say in a note. One of the candidates in the election, Andy Burnham, is also a potential contestant for the Labour Party leadership. U.K. political uncertainty is high in the lead-up to the election, causing investors to put a risk premium on U.K. government bonds. U.K. 30-year gilt yields last trade at 5.606%, the highest among developed market sovereign bonds, Tradeweb data show. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
June 11, 2026 08:58 ET (12:58 GMT)
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