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Evening Standard
Evening Standard
Politics
Henry Saker-Clark

Gilt yields climb after Burnham election and rise in state borrowing

Andy Burnham United Kingdom Bonds
Andy Burnham has been elected as the new MP for Makerfield (Peter Byrne/PA) - (PA Wire)

The cost of Government borrowing has ticked slightly higher on Friday morning, following Andy Burnham’s win in the Makerfield by-election.

The 10-year yield on UK gilts – Government bonds – rose by 0.05 percentage points to 4.81% shortly after the market opened.

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