<p>英国首相基尔·斯塔默在工党于 5 月 7 日的历史性地方选举失利后，失去了政治生存的斗争，这引发了他所在党内的全面叛乱。</p>
<p>这位身处困境的领导人据报道已告知亲密盟友，他决定辞职，认为当前的局势 “不可持续”。《每日邮报》周日报道称，他将 “以自己选择的方式” 辞职，引用了一位内阁部长的话。</p>
<p>近 100 名工党国会议员呼吁他辞职。包括外交大臣伊薇特·库珀、内政大臣沙巴娜·马哈茂德、国防大臣约翰·希利和能源大臣埃德·米利班德在内的高级内阁成员据报道也敦促他辞职。</p>
<p>斯塔默在应对内部叛乱的同时，还要管理大规模的公众抗议。这为已经在考虑英国政治风险的投资者增添了进一步的不确定性。政府借贷成本飙升至金融危机后最高水平，因为市场在定价日益加剧的不确定性。</p>
<p>“对许多人来说，形势已经明朗，” 瑞穗银行 EMEA 固定收益策略负责人乔丹·罗切斯特周二表示。“这只是退出发生的速度问题。如果斯塔默辞职，这将成为历史。没有现任工党首相曾面临领导挑战或被自己党内罢免。”</p>
<p>斯塔默的政治危机与右翼活动家汤米·罗宾逊组织的 “团结王国” 游行在周六交汇。此次抗议活动吸引了超过 60,000 人聚集在伦敦市中心，成为近期英国历史上最大的极右翼示威之一。这加大了对一个已经在努力应对选举崩溃后果的政府的压力。</p>
<h2>斯塔默承诺应对挑战</h2>
<p>在 5 月 11 日的演讲中，斯塔默承诺 “直面重大挑战”，包括国防、移民和欧洲问题。他表示有意继续担任首相，尽管他所在党内似乎很少有人在倾听。</p>
<p>“工党有一个挑战领导人的程序，但这一程序尚未启动，” 他表示。“国家期待我们继续治理。这就是我正在做的，也是我们作为内阁必须做的。”</p>
<p>工党和保守党自 1920 年代以来一直塑造着英国的政治格局，在选举中失去了大量支持。经济背景也没有提供太多安慰。3 月份的 GDP 环比增长仅为 0.3%，低于 2 月份的 0.4%。</p>
<p><img src="https://imageproxy.pbkrs.com/https://contributor-assets.benzinga.com/wp-content/uploads/2026/05/18102811/image-16.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://contributor-assets.benzinga.com/wp-content/uploads/2026/05/18102811/image-16.png"/></p>
<p>环比 GDP，来源：TradingView</p>
<p>与 2022 年和 2024 年的结果相比，工党的投票份额平均下降了 18 个百分点。保守党的支持率与 2022 年相比下降了 11 个百分点，与 2024 年相比下降了 10 个百分点。</p>
<h2>英国改革党和绿党取得进展</h2>
<p>这些结果意味着对两党现状的全面拒绝，挑战者在暗中等待机会。</p>
<p>改革党赢得了 1454 个地方议会席位，净增 1372 个席位。工党仅记录了 1068 个席位，净损失约 1229 个席位。保守党也遭受政治打击，仅获得 801 个席位，净损失 433 个席位。</p>
<p><img src="https://imageproxy.pbkrs.com/https://contributor-assets.benzinga.com/wp-content/uploads/2026/05/18102831/image-17-1024x401.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://contributor-assets.benzinga.com/wp-content/uploads/2026/05/18102831/image-17-1024x401.png"/></p>
<p>各党赢得的议员数量 – 2026 年英国地方选举，来源：每日电讯报</p>
<p>改革党领导人奈杰尔·法拉奇称这些结果为 “改革震荡”。他声称他的党 “可以并将赢得下届大选”。</p>
<p>法拉奇在 5 月 8 日于英格兰罗姆福德镇的演讲中表示：“今天是一个重要的日子，不仅对我们的党而言，也是对英国政治全面重塑的日子。”</p>
<p>绿党也取得了显著进展。它赢得了 587 个席位，净增 393 个席位，在伦敦的各个区取得了显著的增幅。</p>
<p>“两党政治并没有消亡，” 绿党领导人扎克·波兰斯基在选举后表示。“它已经死去并被埋葬。”</p>
<h2>英国的政治结构正在崩溃</h2>
<p>选举结果不仅惩罚了工党，还引发了一场全面的议会叛乱，现在威胁到一个不到两年任期的政府。</p>
<p>至少 97 名工党后座议员和超过五分之一的工党在下议院的代表呼吁斯塔默辞职或设定离职时间表。这超过了根据工党规则触发领导竞选所需的 81 个门槛。</p>
<p>前英国卫生大臣韦斯·斯特里廷和前副首相安吉拉·雷纳已成为斯塔默的接班人。当前在潜在接班人中民调最有利的挑战者是大曼彻斯特市市长安迪·伯纳姆。</p>
<p>他首先需要确保在下议院获得一个席位才能参选。工党的全国执行委员会据报道已批准伯纳姆参加即将举行的梅克菲尔德补选，此前乔什·西蒙斯宣布将辞去议员职务。</p>
<h2>债券市场惩罚斯塔默</h2>
<p>市场已经做出了自己的判断。基准 10 年期国债收益率在周二上涨了 11 个基点，达到了 5.11%，略低于 2008 年 3 月创下的高点。</p>
<p><img src="https://imageproxy.pbkrs.com/https://contributor-assets.benzinga.com/wp-content/uploads/2026/05/18102858/image-18-994x1024.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://contributor-assets.benzinga.com/wp-content/uploads/2026/05/18102858/image-18-994x1024.png"/></p>
<p>英国 10 年期国债收益率，来源：CNBC</p>
<p>30 年期收益率上涨 10 个基点，达到了 5.84%，接近自 1998 年以来的最高水平。英国已经在 G7 国家中拥有最高的政府借贷成本，其 0 年、20 年和 30 年期债务均超过 5% 的门槛。</p>
<p>金融咨询公司 deVere Group 的首席执行官 Nigel Green 警告称，英国 “没有太多犯错的空间”，并且 “增长疲软，借贷水平高，能源相关的通胀压力依然存在，这意味着即使是信誉的微小损害也会导致重新定价。”</p>
<p>这发生在由于美国与以色列对伊朗的军事行动引发的油价冲击而导致的通胀担忧上升之际。这表明英国央行加息预期的转变。</p>
<p>“债券市场不仅对 Starmer 可能的离职做出反应，还对他的继任者可能是谁，以及可能导致更多英国无法承受的财政承诺的漫长领导权斗争的前景做出反应，” 经纪公司 XTB 的研究总监 Kathleen Brooks 表示。</p>
<p><img src="https://imageproxy.pbkrs.com/https://contributor-assets.benzinga.com/wp-content/uploads/2026/05/18101819/image-15-1024x676.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://contributor-assets.benzinga.com/wp-content/uploads/2026/05/18101819/image-15-1024x676.png"/></p>
<p>30 年期国债收益率图表，来源：FT</p>
<h2>市场担心向左转变</h2>
<p>投资者担心，倾向左翼的继任者可能会增加公共借贷，进一步加大对英国脆弱财政的压力。摩根大通的分析师预计，随着政策向左转变，英国的银行附加税将从 3% 上升至 5%。</p>
<p>政治分析师们认为，Starmer 作为首相的时间岌岌可危。政治风险咨询公司 Eurasia Group 将 Starmer 在今年被罢免的概率提高到了 80%，而之前为 65%。</p>
<p>“最可能的情况是，议员们将在 9 月之前迫使进行领导选举（概率为 35%），” Eurasia Group 分析师 Mujtaba Rahman 表示。“有 25% 的机会进行有序过渡，Starmer 同意辞职，还有 20% 的概率立即进行领导选举。”</p>
<p>随着 Robinson 的游行、对 Starmer 辞职的呼声以及国债收益率飙升，英国面临着多年来最严重的政治和金融考验。</p>
<p><strong>免责声明：</strong> 本文中表达的任何观点均不应被视为投资建议，仅代表作者个人观点。European Capital Insights 对基于本文内容做出的任何财务决策不承担责任。读者可以将本文用于信息和教育目的。</p>
<p><strong><em>Benzinga 免责声明：本文来自一位未付费的外部贡献者。它不代表 Benzinga 的报道，并且未经过内容或准确性的编辑。</em></strong></p>

IGLT

<p>英国首相基尔·斯塔默在经历了一次历史性的地方选举失利后，面临工党内部的叛乱，近 100 名议员呼吁他辞职。在政府借贷成本上升和政治不确定性加剧的背景下，斯塔默承诺解决关键挑战，但他在维持支持方面面临困难。这次选举中，改革英国党和绿党获得了显著的支持，显示出英国政治的转变。债券市场反应消极，10 年期国债收益率大幅上升</p>

<p>British Prime Minister Keir Starmer has lost his fight for political survival after the Labor Party’s historic local election defeat on May 7 sparked a full-scale rebellion within his own party.</p>
<div class="lb-trans"><p>英国首相基尔·斯塔默在工党于 5 月 7 日的历史性地方选举失利后，失去了政治生存的斗争，这引发了他所在党内的全面叛乱。</p>
</div><p>The embattled leader has reportedly told close allies he has decided to step down, concluding the current situation is “unsustainable.” He will resign “in a manner of his own choosing,” the Daily Mail reported on Sunday, citing a cabinet minister.</p>
<div class="lb-trans"><p>这位身处困境的领导人据报道已告知亲密盟友，他决定辞职，认为当前的局势 “不可持续”。《每日邮报》周日报道称，他将 “以自己选择的方式” 辞职，引用了一位内阁部长的话。</p>
</div><p>Nearly 100 Labor Members of Parliament (MPs) have called for his resignation. Senior cabinet members, including Foreign Secretary Yvette Cooper, Home Secretary Shabana Mahmood, Defense Secretary John Healey, and Energy Secretary Ed Miliband, reportedly urged him to go.</p>
<div class="lb-trans"><p>近 100 名工党国会议员呼吁他辞职。包括外交大臣伊薇特·库珀、内政大臣沙巴娜·马哈茂德、国防大臣约翰·希利和能源大臣埃德·米利班德在内的高级内阁成员据报道也敦促他辞职。</p>
</div><p>Starmer has navigated an internal mutiny while managing mass public protest. This has added a further layer of uncertainty for investors already pricing in UK political risk. Government borrowing costs surged to post-Great Financial Crisis highs as markets priced in the mounting uncertainty.</p>
<div class="lb-trans"><p>斯塔默在应对内部叛乱的同时，还要管理大规模的公众抗议。这为已经在考虑英国政治风险的投资者增添了进一步的不确定性。政府借贷成本飙升至金融危机后最高水平，因为市场在定价日益加剧的不确定性。</p>
</div><p>“For many, the writing is on the wall at this stage,&#34; Jordan Rochester, Head of EMEA FICC Strategy at bank holding company Mizuho, said Tuesday. &#34;It’s just a matter of how quickly the exit happens. If Starmer goes, it will make history. No sitting Labour prime minister has ever faced a leadership challenge or been removed by his own party.”</p>
<div class="lb-trans"><p>“对许多人来说，形势已经明朗，” 瑞穗银行 EMEA 固定收益策略负责人乔丹·罗切斯特周二表示。“这只是退出发生的速度问题。如果斯塔默辞职，这将成为历史。没有现任工党首相曾面临领导挑战或被自己党内罢免。”</p>
</div><p>Starmer’s political crisis converged on Saturday with the Unite the Kingdom march organized by right-wing activist Tommy Robinson. The protest drew more than 60,000 people to central London, one of the largest far-right demonstrations in recent British history. It amplified pressure on a government already struggling to contain the fallout from its election collapse.</p>
<div class="lb-trans"><p>斯塔默的政治危机与右翼活动家汤米·罗宾逊组织的 “团结王国” 游行在周六交汇。此次抗议活动吸引了超过 60,000 人聚集在伦敦市中心，成为近期英国历史上最大的极右翼示威之一。这加大了对一个已经在努力应对选举崩溃后果的政府的压力。</p>
</div><h2>Starmer Pledges to Address Challenges</h2>
<div class="lb-trans"><h2>斯塔默承诺应对挑战</h2>
</div><p>In a speech on May 11, Starmer pledged to “face up to the big challenges” on defense, immigration, and Europe. He stated his intention to remain prime minister, though few in his own party appeared to be listening.</p>
<div class="lb-trans"><p>在 5 月 11 日的演讲中，斯塔默承诺 “直面重大挑战”，包括国防、移民和欧洲问题。他表示有意继续担任首相，尽管他所在党内似乎很少有人在倾听。</p>
</div><p>&#34;The Labour Party has a process for challenging a leader and that has not been triggered,&#34; he said. &#34;The country expects us to get on with governing. That is what I am doing and what we must do as a cabinet.&#34;</p>
<div class="lb-trans"><p>“工党有一个挑战领导人的程序，但这一程序尚未启动，” 他表示。“国家期待我们继续治理。这就是我正在做的，也是我们作为内阁必须做的。”</p>
</div><p>Labour and the Conservatives, who have shaped Britain’s political landscape since the 1920s, hemorrhaged support during the elections. The economic backdrop offered little comfort. GDP grew just 0.3% month-on-month in March, slowing from 0.4% in February.</p>
<div class="lb-trans"><p>工党和保守党自 1920 年代以来一直塑造着英国的政治格局，在选举中失去了大量支持。经济背景也没有提供太多安慰。3 月份的 GDP 环比增长仅为 0.3%，低于 2 月份的 0.4%。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://contributor-assets.benzinga.com/wp-content/uploads/2026/05/18102811/image-16.png" alt="" original-src="https://contributor-assets.benzinga.com/wp-content/uploads/2026/05/18102811/image-16.png"/></p>
<p>Month-on-Month GDP, source: TradingView</p>
<div class="lb-trans"><p>环比 GDP，来源：TradingView</p>
</div><p>Labour's vote share fell by an average of 18 percentage points compared to its 2022 and 2024 results. Support for the Conservative party dropped 11 points compared to 2022 and by 10 points compared to 2024.</p>
<div class="lb-trans"><p>与 2022 年和 2024 年的结果相比，工党的投票份额平均下降了 18 个百分点。保守党的支持率与 2022 年相比下降了 11 个百分点，与 2024 年相比下降了 10 个百分点。</p>
</div><h2>Reform UK, Green Party Make Gains</h2>
<div class="lb-trans"><h2>英国改革党和绿党取得进展</h2>
</div><p>The results amounted to a sweeping rejection of the two-party status quo, and challengers were waiting in the wings.</p>
<div class="lb-trans"><p>这些结果意味着对两党现状的全面拒绝，挑战者在暗中等待机会。</p>
</div><p>Reform UK won over 1,454 council seats with a net gain of 1,372 seats. Labor recorded just 1,068 seats and a net loss of about 1,229 seats across the country. The Conservatives also suffered political blows, securing just 801 seats and suffering a net loss of 433 seats.</p>
<div class="lb-trans"><p>改革党赢得了 1454 个地方议会席位，净增 1372 个席位。工党仅记录了 1068 个席位，净损失约 1229 个席位。保守党也遭受政治打击，仅获得 801 个席位，净损失 433 个席位。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://contributor-assets.benzinga.com/wp-content/uploads/2026/05/18102831/image-17-1024x401.png" alt="" original-src="https://contributor-assets.benzinga.com/wp-content/uploads/2026/05/18102831/image-17-1024x401.png"/></p>
<p>Number of Councillors Won By Party – UK Local Elections 2026, Source: The Telegraph</p>
<div class="lb-trans"><p>各党赢得的议员数量 – 2026 年英国地方选举，来源：每日电讯报</p>
</div><p>Reform leader Nigel Farage declared the results a “Reform-quake.” He asserted that his party “can and will win the next general election.”</p>
<div class="lb-trans"><p>改革党领导人奈杰尔·法拉奇称这些结果为 “改革震荡”。他声称他的党 “可以并将赢得下届大选”。</p>
</div><p>&#34;It's a big, big day, not just for our party, but for a complete reshaping of British politics in every way,&#34; Farage said on May 8 during a speech in the English town of Romford.</p>
<div class="lb-trans"><p>法拉奇在 5 月 8 日于英格兰罗姆福德镇的演讲中表示：“今天是一个重要的日子，不仅对我们的党而言，也是对英国政治全面重塑的日子。”</p>
</div><p>The Green Party made notable gains. It won 587 seats with a net gain of 393 seats, with noteworthy gains amongst London's boroughs.</p>
<div class="lb-trans"><p>绿党也取得了显著进展。它赢得了 587 个席位，净增 393 个席位，在伦敦的各个区取得了显著的增幅。</p>
</div><p>&#34;Two party politics isn't dying,&#34; Green leader Zack Polanski posted following the elections. &#34;It's dead and it's buried.&#34;</p>
<div class="lb-trans"><p>“两党政治并没有消亡，” 绿党领导人扎克·波兰斯基在选举后表示。“它已经死去并被埋葬。”</p>
</div><h2>UK's Political Structure Coming Apart</h2>
<div class="lb-trans"><h2>英国的政治结构正在崩溃</h2>
</div><p>The electoral verdict did more than punish Labour at the ballot box. It ignited a full parliamentary revolt that now threatens to bring down a government less than two years into its term.</p>
<div class="lb-trans"><p>选举结果不仅惩罚了工党，还引发了一场全面的议会叛乱，现在威胁到一个不到两年任期的政府。</p>
</div><p>At least 97 Labor backbenchers and over a fifth of the party’s representation in the House of Commons called for Starmer to resign or set a timetable for his departure. This surpassed the threshold of 81 required to trigger a leadership contest under Labor rules.</p>
<div class="lb-trans"><p>至少 97 名工党后座议员和超过五分之一的工党在下议院的代表呼吁斯塔默辞职或设定离职时间表。这超过了根据工党规则触发领导竞选所需的 81 个门槛。</p>
</div><p>Former UK Health Secretary Wes Streeting and former Deputy Prime Minister Angela Rayner have emerged as successors to Starmer. The most likely challenger, currently polling most favorably among potential successors, is Greater Manchester Mayor Andy Burnham.</p>
<div class="lb-trans"><p>前英国卫生大臣韦斯·斯特里廷和前副首相安吉拉·雷纳已成为斯塔默的接班人。当前在潜在接班人中民调最有利的挑战者是大曼彻斯特市市长安迪·伯纳姆。</p>
</div><p>He first needs to secure a Commons seat in order to stand. Labor's National Executive Committee has reportedly approved Burnham to contest the upcoming Makerfield by-election after Josh Simons announced he would step down as MP.</p>
<div class="lb-trans"><p>他首先需要确保在下议院获得一个席位才能参选。工党的全国执行委员会据报道已批准伯纳姆参加即将举行的梅克菲尔德补选，此前乔什·西蒙斯宣布将辞去议员职务。</p>
</div><h2>Bond Market Punishes Starmer</h2>
<div class="lb-trans"><h2>债券市场惩罚斯塔默</h2>
</div><p>Markets have delivered their own judgment. The benchmark 10-year gilt yield jumped 11 basis points Tuesday to 5.11%, just below the post-2008 highs hit in March.</p>
<div class="lb-trans"><p>市场已经做出了自己的判断。基准 10 年期国债收益率在周二上涨了 11 个基点，达到了 5.11%，略低于 2008 年 3 月创下的高点。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://contributor-assets.benzinga.com/wp-content/uploads/2026/05/18102858/image-18-994x1024.png" alt="" original-src="https://contributor-assets.benzinga.com/wp-content/uploads/2026/05/18102858/image-18-994x1024.png"/></p>
<p>UK 10-Year Bond Yields, Source: CNBC</p>
<div class="lb-trans"><p>英国 10 年期国债收益率，来源：CNBC</p>
</div><p>The 30-year yield climbed 10 basis points to 5.84%, nearing its highest level since 1998. The UK already holds the highest government borrowing costs in the G7. Its 0, 20, and 30-year debt are all above the 5% threshold.</p>
<div class="lb-trans"><p>30 年期收益率上涨 10 个基点，达到了 5.84%，接近自 1998 年以来的最高水平。英国已经在 G7 国家中拥有最高的政府借贷成本，其 0 年、20 年和 30 年期债务均超过 5% 的门槛。</p>
</div><p>Nigel Green, CEO of financial consultancy deVere Group, cautioned that the UK “doesn’t have much room for error” and that “growth is weak, borrowing is elevated, and inflation pressures linked to energy remain, meaning even a small dent in credibility forces a repricing.”</p>
<div class="lb-trans"><p>金融咨询公司 deVere Group 的首席执行官 Nigel Green 警告称，英国 “没有太多犯错的空间”，并且 “增长疲软，借贷水平高，能源相关的通胀压力依然存在，这意味着即使是信誉的微小损害也会导致重新定价。”</p>
</div><p>This comes amid rising inflationary concerns due to oil shocks from U.S.-Israel military actions against Iran. It has signaled a shift in expectations from the Bank of England to hike rates.</p>
<div class="lb-trans"><p>这发生在由于美国与以色列对伊朗的军事行动引发的油价冲击而导致的通胀担忧上升之际。这表明英国央行加息预期的转变。</p>
</div><p>“The bond market is reacting not only to Starmer’s potential departure, but also to who his successor could be, and to the prospect of a drawn-out leadership battle that leads to more fiscal promises that the UK cannot afford,” Kathleen Brooks, Research Director at broker XTB, stated.</p>
<div class="lb-trans"><p>“债券市场不仅对 Starmer 可能的离职做出反应，还对他的继任者可能是谁，以及可能导致更多英国无法承受的财政承诺的漫长领导权斗争的前景做出反应，” 经纪公司 XTB 的研究总监 Kathleen Brooks 表示。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://contributor-assets.benzinga.com/wp-content/uploads/2026/05/18101819/image-15-1024x676.png" alt="" original-src="https://contributor-assets.benzinga.com/wp-content/uploads/2026/05/18101819/image-15-1024x676.png"/></p>
<p>30-year Gilt Yield Chart, Source: FT</p>
<div class="lb-trans"><p>30 年期国债收益率图表，来源：FT</p>
</div><h2>Markets Fear a Leftward Shift</h2>
<div class="lb-trans"><h2>市场担心向左转变</h2>
</div><p>Investors are concerned that a more left-leaning successor could increase public borrowing, putting further pressure on Britain’s already fragile finances. Analysts at JPMorgan expect Britain’s banking surcharge to rise to 5% from 3% with a leftward policy shift.</p>
<div class="lb-trans"><p>投资者担心，倾向左翼的继任者可能会增加公共借贷，进一步加大对英国脆弱财政的压力。摩根大通的分析师预计，随着政策向左转变，英国的银行附加税将从 3% 上升至 5%。</p>
</div><p>Political analysts have bet that Starmer's time as prime minister is hanging by a thread. Political risk consultancy Eurasia Group has raised the probability of Starmer being ousted this year to 80%, up from 65%.</p>
<div class="lb-trans"><p>政治分析师们认为，Starmer 作为首相的时间岌岌可危。政治风险咨询公司 Eurasia Group 将 Starmer 在今年被罢免的概率提高到了 80%，而之前为 65%。</p>
</div><p>&#34;The most likely scenario is that MPs will force a leadership election by September (a 35% probability),&#34; Eurasia Group analyst Mujtaba Rahman said. &#34;There is a 25% chance of an orderly transition in which Starmer agrees to stand down and a 20% probability of an immediate leadership election.&#34;</p>
<div class="lb-trans"><p>“最可能的情况是，议员们将在 9 月之前迫使进行领导选举（概率为 35%），” Eurasia Group 分析师 Mujtaba Rahman 表示。“有 25% 的机会进行有序过渡，Starmer 同意辞职，还有 20% 的概率立即进行领导选举。”</p>
</div><p>With Robinson's march, calls for Starmer's resignation, and soaring gilt yields, Britain faces its gravest political and financial test in years.</p>
<div class="lb-trans"><p>随着 Robinson 的游行、对 Starmer 辞职的呼声以及国债收益率飙升，英国面临着多年来最严重的政治和金融考验。</p>
</div><p><strong>Disclaimer:</strong> Any opinions expressed in this article are not to be considered investment advice and are solely those of the authors. European Capital Insights is not responsible for any financial decisions made based on the contents of this article. Readers may use this article for information and educational purposes only.</p>
<div class="lb-trans"><p><strong>免责声明：</strong> 本文中表达的任何观点均不应被视为投资建议，仅代表作者个人观点。European Capital Insights 对基于本文内容做出的任何财务决策不承担责任。读者可以将本文用于信息和教育目的。</p>
</div><p><strong><em>Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy.</em></strong></p>
<div class="lb-trans"><p><strong><em>Benzinga 免责声明：本文来自一位未付费的外部贡献者。它不代表 Benzinga 的报道，并且未经过内容或准确性的编辑。</em></strong></p>
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斯塔默岌岌可危，债券市场动荡