UK borrowing costs decline amid political support and easing investor fears
TL;DR Summary
UK government borrowing costs decreased after market nerves eased following Prime Minister's supportive comments about Chancellor Rachel Reeves, with bond yields falling and the pound rising slightly, amid ongoing concerns about fiscal discipline and political stability.
- UK borrowing costs fall as investors' nerves ease BBC
- Starmer says he was last to notice Reeves crying at PMQs as pair hug at NHS event BBC
- UK borrowing costs fall as fears over finance minister's future recede CNBC
- Britain’s Starmer backs his Treasury chief after her tears in Parliament spark rumors AP News
- Apprentice star Brady backs Reeves after Commons tears Sky News
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