UK 30-year gilt yield breaks above 5.8% amid housing policy debate
The UK 30-year gilt yield broke above 5.8%, with commentary linking the move to Prime Minister Andy Burnham's housing policy push. Burnham has called for many more homes to be built, though earnings from major housebuilders show few signs of an imminent construction boom.
Detected & updated continuously · Source: Nebula
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@btcjvs
UK 30-year breaking out at 5.8% I'm sure @andyburnham will just ignore the bond market. https://t.co/nl3XP89YIq
@business
Andy Burnham is the latest UK leader to call for many more homes to be built — yet earnings from the biggest housebuilders contain few signs that the long-awaited construction boom is coming https://t.co/zZJZipLLJ3