Anatomy of a fall: Keir Starmer, from election landslide to precipitous descent
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Summary
Dutiful rather than dynamic, Keir Starmer was elected to be a safe pair of hands after years of chaos under Britain’s Conservatives. His term ended less than two years later amid corruption allegations, policy U-turns, and after links were revealed between his choice for US ambassador and Jeffrey Epstein, a man Starmer never met.
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With the Fed less chatty and guiding us less, we should expect more policy volatility and structurally higher UST term premium. Fun times to trade bonds if you keep an open mind
— Ed Bradford (@Fullcarry) June 22, 2026