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UK prime minister change adds jitters in bond markets, CNBC says

The potential shift was viewed as more left-leaning than the current incumbent, contributing to earlier-year bond-market concern, according to CNBC.

Reported · Written up by our desk · Europe

The prospect of the United Kingdom installing a new prime minister has been linked to earlier jitters in bond markets, according to CNBC.

CNBC reports that the candidate, Burnham, is seen as more left-leaning than Prime Minister Starmer.

CNBC World also ties the political change to market sensitivity, noting that the replacement prospect helped drive concern earlier in the year.

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Sources

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