Gilt Yields and Ghosts of Budgets Past: Who's Afraid of Bond Vigilantes?

Nov 6, 2024

Gilt yields have surged following the Autumn budget, raising concerns about the legacy of Liz Truss’s mini-budget. The podcast dives into how government spending affects the private sector, questioning whether it crowds out or crowds in investment. It dissects market reactions to fiscal policies and the role of bond vigilantes in shaping financial stability. Discussions also reveal the challenges posed by high inflation and the call for more realistic budgeting to foster long-term growth amid uncertainty.

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Intro

00:00 • 2min

Bond Market Dynamics and Government Spending

01:52 • 11min

Market Reactions to Government Budget: Analyzing Costs and Expectations

13:05 • 3min

Budgeting in Uncertain Times

16:18 • 15min

Exploring Gilt Yields and Public Investment Dynamics

31:34 • 2min

Government Spending Dynamics

33:30 • 4min

The Impact of Government Spending on Economic Confidence

37:32 • 2min