UK Bond Sell-Off Seizes Control of Treasury Budget Ahead of October Address - Bobsguide
UK Bond Sell-Off Seizes Control of Treasury Budget Ahead of October Address - Bobsguide
Source: Bobsguide
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DW NOTE
The UK gilt market is now writing fiscal policy. When bond vigilantes force a Treasury to revise budget priorities before the chancellor even delivers the statement, you no longer have an independent fiscal authority — you have a sovereign on a leash held by creditors who know the math doesn't work.