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Published by Capital Client Group, Inc. Good morning from the Financial Times.
Today is Wednesday, May 13th, and this is your FT News Briefing.
UK guilt investors do n't get to choose the country's next prime minister,
but they are certainly making their voices heard.
And some new numbers show just how tough things are for Blue Owl right now.
Plus U.S. Inflation?
Woof.
So far, since the Iran war began, households had spent about $37.9 billion extra on gas as a result of the conflict.
I'm Mark Filippino, and here's the news you need to start your day.
UK bond traders are not happy with the country's political situation right now.
There 's mounting pressure on Prime Minister Keir Starmer to step down,
and gilt investors are worried about who would replace him.
So-called bond vigilantes are sending that signal through a sizable debt sell-off.
30-year gilts hit their highest level since 1998 this week.
Here to discuss what exactly gilt investors want or don't want is FT senior markets correspondent Ian Smith.
Hi, Ian.
Hey, Mark.