The yield on UK government bonds remains high, but the reaction to Prime Minister Starmers speech has been limited.

The yield on UK government bonds continues to rise compared to the previous trading day, but the reaction has been relatively limited after UK Prime Minister Keir Starmer promised to continue as leader and resist calls for a change in leadership. Kathleen Brooks of XTB stated in a report that this fairly moderate reaction "suggests that traders do not believe the threats to Keir Starmer will materialize". TradeWeb data shows that the latest 10-year UK government bond yield has risen by 6.9 basis points to 4.978%, still below the key level of 5%. The 10-year government bond yield reached a six-week high of 5.102% last week.