Federated Hermes strategist Filippo Alloatti said in a report that UK government bonds could remain under pressure amid the Middle East conflict and concerns over public finances. Markets are focused on the new government's spending commitments and r

2026-07-16

Federated Hermes strategist Filippo Alloatti said in a report that UK government bonds could remain under pressure amid the Middle East conflict and concerns over public finances. Markets are focused on the new government's spending commitments and revenue measures expected in the coming weeks to months; Alloatti said markets remain sensitive to signs that spending pledges may outstrip available resources.