Rathbones Cut Gilt Exposure in Case Burnham ‘Does a Truss’

Rathbones Asset Management has reduced its holdings of UK government bonds to avoid a potential selloff if Andy Burnham boosts spending and raises borrowing.

By George Nixon · Bloomberg Markets

Rathbones Asset Management has reduced its holdings of UK government bonds to avoid a potential selloff if Andy Burnham boosts spending and raises borrowing.