John Redwood says UK bond markets are reacting to plans for higher state spending and business taxes, with the 30-year gilt yield at 5.86% — which he says is the highest among advanced economies. He warns fiscal policy is weighing on confidence.
published
John Redwood says UK bond markets are reacting to plans for higher state spending and business taxes, with the 30-year gilt yield at 5.86% — which he says is the highest among advanced economies. He warns fiscal policy is weighing on confidence.
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