UK Bond Market Pressures Reeves, LA Fire Crews Gain Some Control | The Opening Trade 01/10
January 10, 2025
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1:35:46Now PlayingUK Bond Market Pressures Reeves, LA Fire Crews Gain Some Control | The Opening Trade 01/10
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as posted by the channelUK Chancellor Rachel Reeves is struggling to maintain financial market confidence, leading to a rise in borrowing costs, a rise in the 10-year bond yield to 4.84%, and the pound falling to near its lowest since 2023. Firefighters are making some progress on controlling several blazes that have scorched Los Angeles. The Kenneth Fire that broke out and expanded rapidly north of the 101 Freeway is 35% contained, while the massive blaze that erupted in the Pacific Palisades community earlier this week is showing very early signs of control. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson, Kriti Gupta and Lizzy Burden.
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