Gilts extended their retreat as UK Prime Minister Andy Burnham said he will seek “any flexibility” in the government’s fiscal rules, stoking concerns his administration will add to the nation’s heavy debt load.
Gilts Fall as Burnham’s Fiscal Flexibility Comments Spook Market
Gilts extended their retreat as UK Prime Minister Andy Burnham said he will seek “any flexibility” in the government’s fiscal rules, stoking concerns his administration will add to the nation’s heavy debt load.