The market's strong message on UK fiscal policy | Gilts, £20bn of tax rises and the Budget
Gilt yields at multi-decade highs, a 45 basis point "moron premium" over US Treasuries, and a Chancellor with around GBP 20bn to find before the Budget. Markets analyst Michael Brown walks through what the bond market is actually saying about Britain, why the UK is selling off harder than its peers, and who pays when the tax rises land. Host: Damian Pudner. Numbers stated are the speaker's own as at the time of recording.
Great British Think Tank. Data. Not vibes. gbtt.info
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