UK banks jumped back into the bond market this week, enjoying good demand for their funding and capital products. But with the country’s financial institutions having loaded up heavily on debt already, and with political instability causing near constant volatility within the sector, some market participants wonder whether investors have had all the UK FIG bonds they can stand. Tyler Davies and Bill Thornhill report.
Far from ironing out its Brexit approach ahead of a deadline for leaving the EU this October, the UK’s ruling Conservative Party is embroiled in a contest to find the next leader of the country after Theresa May stepped down as prime minister.
This hardly seems like an