Gilts Caught Between Twin Risks From Burnham Debut and Oil Shock

Britain’s bond traders have spent Andy Burnham’s first week in office trying to price two different forces: the spending ambitions of his new government and the impact of oil prices...

By Alice Atkins · Bloomberg Markets

Britain’s bond traders have spent Andy Burnham’s first week in office trying to price two different forces: the spending ambitions of his new government and the impact of oil prices hovering near $100 a barrel.