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Bayrou Calls a Confidence Vote, UK Bond Yields Near 1998 High | The Opening Trade 8/26
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August 26, 2025
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1:36:01Now PlayingFrench assets came under pressure for a second day as concern the government will fall in a showdown over proposed budget cuts rattled investors. The benchmark stock gauge slumped 2.1%, extending losses from Monday when Prime Minister Francois Bayrou announced that he would call a confidence vote in his own government.
UK bond yields soared to within a whisker of a 27-year high Tuesday, piling pressure on Prime Minister Keir Starmer’s government to reduce fiscal expenditure.
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