Alan Kettner, head of UK rates strategy at HSBC, reports that more than 50% of daily price moves in UK government bonds now unfold within 30 minutes following key political announcements. This marks a significant tightening from previous patterns where reactions were spread over hours, reflecting traders’ focus on immediate policy implications.

The accelerated pace forces fixed income desks to monitor political developments in real time and deploy liquidity rapidly, heightening intraday risk. Investors may face wider bid-ask spreads and abrupt repricing, while algorithmic strategies are being recalibrated to capture short-lived opportunities around budget statements and election updates.