Royal London Snapped Up Gilts in Rout With Eye on BOE Rate Cuts
Royal London Asset Management bought UK government bonds during Friday’s market selloff, anticipating that tax hikes in this month’s budget will weigh on economic growth and bolster the case for...
By Alice Atkins · Bloomberg Markets
Royal London Asset Management bought UK government bonds during Friday’s market selloff, anticipating that tax hikes in this month’s budget will weigh on economic growth and bolster the case for interest-rate cuts.