Rachel Reeves, debt costs and spending pressures are compressed by increasing

The sale of a global bond market protected from the US debts, the Chancellor in England showed fresh pressure on Rachel Reevance and unique financial rules.

30-year elegance approaches 27-year height and closed on Friday at 5.48 percent, the United States and Japan’s government bonds were closed at 5.48 percent after gaining the government bond in recent weeks.

Meanwhile, England’s 10-year elegant product, the most closely monitored scholarship in investors, in the last year, in the last year in Japan, increased more than equivalents in Japan.

Britain’s economic growth still warned investors Reives In 2029-30, the day-to-day to balance his rules to balance his rules should further increase or pay taxes.

“Gilts remains at Crosshairs,” said Anders Person, the head of global stable income in the active manager Nuveen.

Higher debt costs are in the financial room for maneuvering as faced with severe political pressure to relieve the grip on spending.

Prime Minister Sir Keir Starmer, was announced last week plans the reverse plans At least a few years of saving revenues refused to eliminate winter fuel payments, other than the poorest pensioners.

He Wants to finish Two children’s allowance cover with £ 3 billion pound a year. Deputy Prime Minister Angela Runeri, especially to fill the financial hole, offered a better road trip tax.

Britain, like other countries, is forced to spend the spending on the protection in response to calls from Trump management.

Global events have made life more difficult for Reeves this year. The US Treasures were sold in response to the concerns about the Great Tax Reduction of Donald Trump’s trade war and congress. In them, in the rates in the rose similar to productivity after German leaders have signed a historic agreement to invest in the country’s military and infrastructure. Moving in reverse to domestic prices.

Gilts’ “High proportions with treasures and gangs left them sensitive in the latest financial managed sales,” Gilts said. “But the special risks of England are increasing pain.”

Persson was reflected in Britain’s stubborn inflation, the interest rates of England, and this month this month has appeared with a three-way fragmentation. He said that split, slow a pace “in spite of weak growth signs” decreases. “

However, some analysts claim that the political incorrect steps weakened the country’s budget sustainability, and the bond market was sharply susceptible to the confusion.

They will not increase the main income decision with a total of 9.9 billion pounds against Reeves’s daily expenditure order, as well as the main revenue growers such as VAT or income tax.

A bond sale program by Boe is also added to the nerves about the appetite among great investors for long-term debt.

Izabelle Mateos Y Lago, who was in BNP Paribas Bank, said: “Sometimes these markets are tend to do for foreign things – the financially incorrect – Britain finds itself in this category.”

The global economy can lead the “exogenous shock” budget responsibility, Britain to reduce financial guard, forecasts and strengthen more budget density.

Reeves’ serious financial rules “actually damage Britain’s reliability, because they should hurt them a lot to meet them,” Mateos Y Lago. “This is a failed place to have England.”

Treasury, “Financial rules are not discussed. We have placed them to build stability.

Development Economist Andrew Goodwin, UK Economist Oxford Economy, Reveves’ March 46 Spring Expression, 9.9 billion pounds of fresh £ 5 billion pounds.

“They have been the authors of their unhappiness, leaving so few headings,” he said.

Some investors said that more expenditure reduction or decrease in pressure or tax increase to increase taxes.

“Great Britain is no longer outside the financial place,” said Mark Dowing, RBC Bluebay’s Fixed Income Specialist in Asset Management.

“Any attempts to water or break the frame, taking the risk of the market tantrum, taking into account the inheritance of the Liz Truss,” he added, referring to the evil minister’s minister of September 2022.

PEDER BECK-Friis, economist in Pimco, “Added:” Probably, more finances should be tough in the fall. “

The more threat stems from OBR for its forecasts for the longer-term British growth, as it is more powerful in the UK productivity worldview.

Announcement of productivity growth forecasts in October would take another blow to a narrowing state finance.

Rute Gregory, research company Capital’s economy, OBR increased by 0.8 percent by 0.8 percent to 0.8 percent, “About 20 billion pounds” an annual productivity growth is reduced for the forecast.

“Reeves almost left himself in October last year,” he said, “said Paul Johnson, head of the institution of Finance. “It doesn’t seem to be away with him.”

Information visualization keith fray