BONUS: Why Are Bond Yields Rising And Is It A Problem?

UK markets are facing further turmoil as gilt yields have hit multi-decade highs, the pound has been pummeled and equities have slumped. Concerns over stubborn inflation, a ballooning government debt pile and tepid growth have hit a nerve in recent days, with traders heaping pressure on the embattled Labour government. In a special bonus episode of the Bloomberg Daybreak Europe podcast, Bloomberg Opinion columnist Daniel Moss shares his assessment of the situation with Caroline Hepker and Stephen Carroll. See omnystudio.com/listener for privacy information.