Gilts Wobble as Much as Starmer…

Blain's Morning Porridge · Apr 22, 2026 · 11m

Blain’s Morning Porridge April 22nd, 2026 – Gilts Wobble as Much as Starmer…

“All political lives end in failure…..”

The spike in Gilt Yields says it all. Its crisis – again – in Westminster as Starmer is mired in crisis with no obvious way out. Yet again we learn a political lesson – good political leaders are a scarce commodity. The British electorate is losing faith in politics. What will global investors think?

Last Friday I was chatting to a risk officer at a US hedge fund, and he was wondering why the UK Bond market is not in more trouble? With the 10-year gilt spiking nearly 50 bp…