The long-term UK government bond yield fluctuation highlights the fragility of the market.
On July 4th, Jin10 reported that Barclays analyst Moyeen Islam stated in a report that the recent fluctuations in long-term UK government bond yields highlight the vulnerability of the UK bond market. On Wednesday, the yield on 30-year UK government bonds rose to a four-week high of 5.452%, as investors worried about the prospects of the new Chancellor of the Exchequer and changes to fiscal rules.