Gilt Trip: Budgets, UK Politics and the Path of Populism

The British pound and gilts already face heavy scrutiny from markets, ahead of what could be a politically defining budget process for the UK Labour Party later this year. Helen S. Thomas, CEO of BlondeMoney, joins #STTStreetSignals. A politically possible outcome that keeps #bond markets happy looks difficult to achieve, potentially setting up for a period of volatility for UK assets and sterling. Helen walks through the constraints on the government imposed by markets and internal party politics, and where she sees points of vulnerability in each.