Recent leadership changes in the United Kingdom have benefited the pound sterling and long-term sovereign bond yields. In contrast to the recent financial turmoil attributed to former prime minister Liz Truss and ex-chancellor Kwasi Kwarteng, the reaction of the financial markets has been muted. After the 23rd of September mini-budget, the markets reacted negatively to … Continue reading Will Rishi Sunak be able to resolve UK economic crisis?