UK Gilts Show Signs of Calm: Markets Live

The transcript discusses the impact of a chancellor's statement on bond markets, highlighting the volatility and liquidity issues in the gilt market. It explores potential responses from central banks like the ECB and the Fed, considering the implications of rising interest rates and market leverage. The discussion also touches on financial stability risks and the need for central banks to address liquidity concerns.

What are the potential risks associated with a sharp rise in interest rates?

What metrics can be used to assess stress in the financial markets?