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GEOPOLITICS | Gilts Face Twin Risks From Burnham's Debut and Oil Shock

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2026-07-24 13:06:28
Britain’s bond traders are weighing two pressures in Andy Burnham’s first week in office: his new government’s spending ambitions and oil prices hovering near $100 a barrel, according to Bloomberg.

The combination is shaping pricing in the gilt market as investors assess the fiscal outlook alongside the impact of higher energy costs.
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