Election uncertainty weighs on Government Bonds

This week has been dominated by elections. In the UK, we’re approaching the end of a thankfully short and relatively surprise-free election. Surprise free doesn’t mean uninteresting, however. Rishi Sunak’s campaign has been littered with terrible judgment calls, while the rise of support for Reform and uncertainty about voter turnout means there is enough to keep things interesting.

The US the presidential election stepped up a gear with the first televised debate. There was a lot of material for staunch supporters and hardline critics of both candidates, but not a lot to encourage the large number of voters with little love for either Trump or Biden. Meanwhile, the first round of voting in the election for the French National Assembly is this weekend. Much like Rishi Sunak in the UK, time has got away from president Emmanuel Macron as opposition parties on the left and right have managed to set most of the agenda. With many parties offering expensive, eye-catching policies even positive news on inflation wasn’t enough to stop nervousness returning to government bond markets.

For the following stories, please click on this link*

  • Bonds: Inflation concerns return to Government Bond Markets
  • Tech: AI stocks volatile as Micron misses earnings target
  • Japan: Yen under pressure due to uncertainty over rate hikes

(*Please note, The contents of this e-shot been prepared for general information only. It does not contain all of the information which an investor may require in order to make an investment decision. If you are unsure whether this is a suitable investment you should speak to your financial adviser. This information is not guaranteed to be correct, complete, or accurate. FE Research is a division of Financial Express Investments Ltd, registration number 03110696, which is authorised and regulated by the Financial Conduct Authority (FRN 209967). For our full disclaimer please visit www.financialexpress.net/uk/disclaimer. (Data sourced from Yahoo Finance, Investing.com and Office for National Statistics)

 

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