Stephen Jones at Aegon Asset Management said Wednesday’s UK
文 / 小金
2026-10-27 23:30:02
来源:亚金网
Stephen Jones at Aegon Asset Management said Wednesday’s UK budget is unlikely to contain major surprises given limited fiscal headroom and political will. But with recent market optimism and a rally in gilts, even a modest surprise could spook markets ahead of Halloween. He warned the tail risk from extra borrowing lies in fiscal mechanics: roughly £10bn of additional financing—potentially via off‑balance‑sheet instruments—could likely be absorbed, but a £30–40bn rise in gilt issuance would be difficult for markets to take calmly.
