The 30-year government bond yield in the UK is rising, and political risks persist.

Due to increased political risks in the UK and the possibility of leadership changes, the yield on the UK's 30-year government bonds has risen. Prime Minister Keir Starmer is under pressure after deciding to appoint Peter Mandelson as the UK's ambassador to the US, as Mandelson is linked to Jeffrey Epstein. The market is concerned that potential leadership changes could lead to relaxation of fiscal rules and an increase in public borrowing. Tradeweb data shows that the yield on UK's 30-year government bonds has increased by 2 basis points to 5.371%.