Bond market power: why Rachel Reeves is keen to keep the £2.7tn ‘beast’ onside

Hugely influential traders will be hanging on the chancellor’s every word when she announces her budgetBusiness live – latest updatesAt just after 12.30pm on Wednesday, the machine will be listening, the trading algorithms ready, and billions of pounds of buy-and-sell orders stacked up awaiting Rachel Reeves’s budget.For the first time on the London trading floor of Deutsche Bank, a custom-built artificial intelligence tool will tune in to the chancellor’s speech. It will