What the news says
The UK's long-term financial plan directly affects the Gilt (UK government bond) market because it reflects a commitment to maintaining fiscal discipline and complying with fiscal rules. Measures related to public spending and defense affect UK government borrowing demand, thereby impacting yields and long-term bond valuation.
07/01, 03:53 PM
Gilt markets have shrugged off the lack of economic policy clarity from likely next UK PM Andy Burnham, according to Aegon Asset Management's James Lynch.
Gilt markets have shrugged off the lack of economic policy clarity from likely next UK PM Andy Burnham, according to Aegon Asset Management's James Lynch.
Affected assets
bloomberg-markets
07/01, 03:53 PM
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