Gilts Steady as Investors Await More Policy Details From Burnham | The Opening Trade 7/21/2026

UK government bonds posted small moves as investors awaited fresh policy details from new Prime Minister Andy Burnham, while weak economic data dimmed bets on higher interest rates. He later named former Defense Secretary John Healey his Chancellor of the Exchequer. Healey has pushed for more military spending, but is broadly viewed by markets as a safe pair of hands with previous Treasury experience. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Tom Mackenzie. Chapters: 00:00:00 - The Opening Trade 00:00:28 - Market Check 00:02:34 - Burnham Picks Healey as UK Chancellor 00:05:22 - More US Strikes on Iran 00:07:30 - Farnborough Air Show, Defense Companies 00:13:21 - UK Gov. to Cut Taxes on Electricity Bills 00:21:29 - US Megacap Earnings 00:33:21 - Helsoldt CEO Oliver Dorre 00:42:58 - UK Gilts to Lag Peers: MLIV 00:47:39 - Stocks to Watch: UK Stocks, Novartis, Swatch 01:09:08 - Houthies Threaten Maritime Blockade 01:17:32 - Leonardo CEO Lorenzo Mariani 01:28:05 - US Imposes New Canadian Tariffs 01:31:47 - S&P Futures -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X:   / bloombergtv   Facebook:   / bloombergtelevision   Instagram:   / bloombergtv   Connect with Bloomberg Business on: X:   / business   Facebook:   / bloombergbusiness   Instagram:   / bloombergbusiness   TikTok: https://www.tiktok.com/@bloombergbusi... Reddit:   / bloomberg   LinkedIn:   / bloomberg-news   More from Bloomberg: Bloomberg Radio:   / bloombergradio   Bloomberg Surveillance:   / bsurveillance   Bloomberg Politics:   / bpolitics   Bloomberg Originals:   / bbgoriginals   Watch more on YouTube: Bloomberg Technology:    / @bloombergtechnology   Bloomberg Originals:    / @business   Bloomberg Quicktake:    / @bloombergquicktake   Bloomberg Espanol:    / @bloomberg_espanol   Bloomberg Podcasts:    / @bloombergpodcasts