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Market Impact: 0.65

UK Still Pays a Heavy Bond Market Price for Its Tarnished Image

Source: Bloomberg

Fiscal Policy & BudgetSovereign Debt & RatingsInterest Rates & YieldsCredit & Bond MarketsInvestor Sentiment & Positioning

Entrenched investor skepticism over UK public finances is adding billions of pounds to government borrowing costs and worsening the impact of the global bond selloff. The development raises fiscal-pressure risks for the UK and could further push gilt yields higher.

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strongly negative

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