Will ‘bond markets ‘have to fall into line’ with Andy Burnham?
Reality Check verdict: false
You know things are hotting up in Westminster when reporters start unironically using the word ‘febrile’. Today, we’re well past febrile. So much so that Westminster turmoil seems to be spilling out into the markets, sending gilt yields (the government borrowing cost) skywards.
For one Labour MP though that’s no problem. Speaking on Times Radio yesterday, Paula Baker claimed ‘the markets will have to fall into line’ and that investors would flood to Britain for ‘progressive policies that do speak to our........
