Burnham should be the least of the bond market’s worries

Dominic Caddick wrote for the New Statesman about the media’ fixation on bond market responses to the Makerfield byelection:

“The UK’s bond market troubles, therefore, run far deeper than the potential that Andy Burnham may become prime minister. His comments that we need to get ​“beyond being in hock to the bond markets” worried some as it could indicate that he will simply ignore bond market movements entirely. But if they indicate an intention to move UK politics away from being overly sensitive to bond market movements, it should be celebrated. The key question is how will he do it?”

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