Markets Rattle as Reeves Faces Fiscal Firestorm: UK Bonds, Pound Slide Amid Budget Uncertainty

Unknown Apr 02, 2026 800 Views

UK financial markets took a sharp hit on July 2, 2025, as investor anxiety mounted over Finance Minister Rachel Reeves’ fiscal credibility and political standing. The FTSE 250 fell 1.3%, while 10-year gilt yields surged to 4.66%, reflecting a broad selloff in government bonds. The pound dro...