UK Gilt Yields Spike as Spring Statement Looms Amid Fed Leadership Concerns
UK government borrowing costs are rising ahead of Chancellor Rachel Reeves' spring statement, pressured by fiscal uncertainty and Middle East conflict-driven energy prices. Federal Reserve Chair Jerome Powell's May 2026 departure adds monetary policy uncertainty as Trump-era tax measures threaten Social Security solvency by 2032, creating headwinds for risk assets.
ViaNews Editorial Team (Markets)•