Business & Economy · 123 views
The U.K. is getting a new prime minister, but bond investors are really in charge and ‘hyper-reactive,’ Wall Street veteran says
"But investors know it’s the bond market that will call the shots in the $4.2 trillion economy no matter who sits in the prime minister’s office."
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The appointment of a new prime minister in the U.K. may have significant implications for the country's leadership, but the actual influence on economic decisions lies with bond investors.
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