All calm in the gilt markets so far this Budget (at the time of writing at least). UK govt bond yields actually trending down a little bit. But much depends on the numbers themselves, which land after the Chancellor's speech...
Image from Ed Conway (@EdConwaySky)

Oct 28, 2026 · 1:17 PM UTC

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Until the Red Book is released it is not worth taking too much notice just yet.
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@KemiBadenoch you raging hen x
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Debt death spiral is inevitable
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The markets clearly see the Budget as not doing very much. Which I suppose is good news - in some way. No new huge Tax rises as in last two Reeves Budgets.
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Excuse me, bond markets, what did you think of the Budget? Bond markets: we didn't.
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Rachael from accounts did all the damage in her last two budgets and all this bloke has done is keep the status quo and feed us with tit bits, and boy does Beff Rigby ever come up for air ?
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Brilliant presentation by @EdConwaySky - again! Highlighting the 98 measures in the Healey #Budget the most since 2009 (at least) But the gross effect on the conomy of each measure is the LOWEST in that period too! I'd love to see the comparison back to 1979 and to 1945.
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Why are the prices not static ?
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Maybe socialism works after all!?
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