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Burnham Stands by Comments That UK Is in Hock to Bond Markets

Source: Bloomberg

Sovereign Debt & RatingsCredit & Bond MarketsFiscal Policy & Budget

Prime Minister Andy Burnham said the UK is “overexposed” to global bond markets, reinforcing comments made last year that had alarmed investors. The remarks highlight perceived vulnerability in UK sovereign financing and could renew concerns over gilt-market sensitivity to global rate and risk sentiment.

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