A quarter of the UK’s debt is linked to inflation, limiting policymakers’ ability to ease the burden through higher prices. That leaves the UK more exposed as pressure builds in long-term bond markets, says James Van Straten.
published
A quarter of the UK’s debt is linked to inflation, limiting policymakers’ ability to ease the burden through higher prices. That leaves the UK more exposed as pressure builds in long-term bond markets, says James Van Straten.
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