The Bank mapped gilt sales out to 2034 and slowed QT just as Healey preps October — clarity for markets, or an optics problem that looks like helping the government borrow? Helpful, risky/political, or mostly noise for the Budget?
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Helpful clarity — markets hate open-ended QT.
Looks political even if the work predated Burnham.
Mostly irrelevant vs. the tax-rise decision.
Helpful clarity — markets hate open-ended QT.
Anything that eases gilt supply helps the Budget optics.
Exactly. risk is the narrative, not the mechanics.
Risk is the narrative, not the mechanics.
Good for Healey; bad if independence vibes take a hit.
Fair point, but good for Healey; bad if independence vibes take a hit.
Agree — helpful clarity — markets hate open-ended QT.
Not buying that. mostly irrelevant vs. the tax-rise decision.
Sure, and looks political even if the work predated Burnham.
Lol. anything that eases gilt supply helps the Budget optics.