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Gilts and the Labour Party; the Judder Moment
Blain’s Morning Porridge May 6th, 2026 – Gilts and the Labour Party; the Judder Moment
“Apres Moi le deluge...”
The UK is not about to disappear in a puff of smoke because the Gilts Market is having a minor tantrum. But there is a serious Political Competency premium on Gilts, which will rise when the scale of Labour’s defeat becomes apparent, and the Starmer premiership is up against the wall. Trouble ahead.
It’s two weeks since I last wrote about my growing concerns for the Gilt Market: “Gilts Wobble as Much as Starmer.”After the yield on the 30-year Gilt hit 5.81% y’day, perilously close…
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