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UBS Investment Bank analyst Mustafa says UK gilts still embed about a 20 bps political risk premium from this year’s turmoil. Prime Minister Andy Burnham’s verbal commitment to uphold fiscal rules may limit additional domestic fiscal risk premium. TR

2026-08-20

UBS Investment Bank analyst Mustafa says UK gilts still embed about a 20 bps political risk premium from this year’s turmoil. Prime Minister Andy Burnham’s verbal commitment to uphold fiscal rules may limit additional domestic fiscal risk premium. TRADEWEB DATA show the 10-year gilt yield rose 1.2 bps intraday to 5.058%.

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2026-08-20

Mizuho raised its price target on Target (TGT.N) to $150 from $122.

Mizuho raised its price target on Target (TGT.N) to $150 from $122.
2026-08-19

Moderna (MRNA.O) surged 100% intraday, pushing its market capitalization above $50 billion, after the company and Merck announced the success of their melanoma vaccine research. Merck (MRK.N) rose 10%, and BioNTech climbed 17.6%.

Moderna (MRNA.O) surged 100% intraday, pushing its market capitalization above $50 billion, after the company and Merck announced the success of their melanoma vaccine research. Merck (MRK.N) rose 10%, and BioNTech climbed 17.6%.
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