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UK bond market holds steady after election blow for PM Starmer
Fri, 08th May 2026 08:13
LONDON, May 8 (Reuters) - British government bond prices were little changed on Friday after early results of local elections showed Keir Starmer's Labour Party suffered heavy losses.
The yield on 30-year gilts, which this week hit their highest since 1998 on worries about a possible change in political leadership and the government's borrowing plans as well the impact of the Iran war, were unchanged at 5.632%.
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