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Podcast: Bloomberg Daybreak: Europe Edition
Episode: Reeves' Tears & Market Fears, FX ‘Weaponization', £133M Divorce Ramifications
Description: Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) UK Prime Minister Keir Starmer said Rachel Reeves will stay on as Chancellor of the Exchequer, as he sought to draw a line under speculation about her future that sparked a bond selloff. (2) As speculation of Reeves’ potential ouster raced through markets, 30-year gilt yields surged 19 basis points Wednesday, the biggest jump since April and one strong enough to send ripples into US Treasuries. Stocks slid. And the pound tumbled as investors headed for the exits, skeptical of St...