Original title: Yield on 30-Year Gilts Seen Rising Above 6% by Year End
00:00 Not out of control. I mean, we’re seeing yields rise and that’s kind of been exciting for for the market. I just think that we’re seeing that, you know, yields are becoming, you know, just gradually going higher in the UK. They need to do something on the fiscal side, either raise taxes, cut spending or both. And we’re not really seeing anything about that. We have to wait to the Autumn Statement. And so I think the moves that Starmer made yesterday by bringing some different people into number ten is kind of making people question who’s actually in charge of the fiscal side. So, David, I mean, first of all, what do you expect from the Autumn Statement? Because, you know, the Chancellor has a very narrow path to land the plane and last time it didn’t quite land where it should have. Well, I think there were probably more of the same. I think they’re going to try to, you know, live up to their manifesto that they don’t want to raise the three key taxes, even though realistically,