
Huw Burford-Taylor
38K posts

Huw Burford-Taylor
@huwbtaylor
"The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts."




Yields on 10y gilts have risen well above 5%, reaching their highest level since 2008 due to the UK government crisis. Keir Starmer's premiership appears to be hanging by a thread after his much-anticipated policy reset speech on Monday - in response to the Labour Party's poor performance in recent local elections - failed to deliver the shift many MPs demanded. Starmer said on Tuesday that he wasn't going anywhere, but with calls for his departure mounting, he looks to be fighting a losing battle. (via BBG)

I doubted the headline but it really is a direct quote from Paula Barker MP, who apparently thinks Andy Burnham can dictate the price at which investors will buy gilts. Finance is admittedly a technical subject but you’d expect an MP to wish to find out about it.

In the name of public service, and as ex-economics editor of BBC Newsnight, I offer to do a zoom call, tonight, with any Labour MP who wants to understand why bond markets do not "fall into line" with governments. 1/



@John_Stepek Greens easily the most unpleasant. Conservatives easily the nicest. I think two abusive tweets across several months. Can’t wait to find out what the Lib Dems are like. I hear they’re total animals.


What many people within Labour seems to be assuming is that they have some kind of financial/policy wiggle room. They don't. (1/?)




Full depravity of Hamas during October 7 revealed for the first time: New report details how terrorists performed almost unimaginable horrors upon Israeli families trib.al/olj7tnv


Asked a market source for a quote on this. Their response was not printable.














