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UK bond markets just flashed a warning sign
10 year gilt yields jumped almost 1.7% off the back of Andy Burnham's Makerfield win
right now they are demanding more to hold UK government debt
Burnham might give Labour members some short term relief if he ends up challenging Starmer for leadership
but the bond market points to that relief not lasting
tougher times look like they are coming either way for the Brits
Steady lads 🇬🇧