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Healey plan to slash headroom would ‘not be received well’ by nervous bond market
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City AM
Healey plan to slash headroom would ‘not be received well’ by nervous bond market
John Healey’s reported plans to slash the breathing space the government has before it breaks its spending rules would spark a negative bond market reaction and lead investors to question the country’s commitment to fiscal credibility. Bond traders told City AM that any attempt to significantly reduce its so-called fiscal headroom would leave the country [...]
24 Sept, 11:29
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