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Many Happy Returns — Gilt Yields and Ghosts of Budgets Past: Who's Afraid of Bond Vigilantes?
Buzzing ratingBUZZING· 70%39m·2024-11-06·Money

Gilt Yields and Ghosts of Budgets Past: Who's Afraid of Bond Vigilantes?

Many Happy Returns · 143

Gilt yields rose after the Autumn budget as markets absorbed sharp rises in investment, taxes and borrowing. Does Liz Truss’s mini-budget still haunt UK debt markets? And is there a risk that investors will shun UK debt? In today’s Dumb Question of the Week: Does public investment ‘crowd out’ or ‘crowd in’ private…

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