Tuesday, April 21, 2026
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Bond Markets & Sovereign Debt

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UK Gilt Yields Stabilize as Social Security Insolvency Timeline Shifts to 2032 Ahead of Powell's Fed Exit

UK Gilt Yields Stabilize as Social Security Insolvency Timeline Shifts to 2032 Ahead of Powell's Fed Exit

UK government borrowing costs eased ahead of Spring Statement 2026 despite tax increases and benefit freezes, while inflation fell and unemployment rose. US Social Security insolvency could arrive in 2032 under Trump tax proposals, affecting only 24% of current recipients. Fed Chair Jerome Powell's May 2026 term expiration adds uncertainty to monetary policy coordination during fiscal stress.

ViaNews Editorial Team (Markets)