Rathbones Warms to Longer UK Gilts on Bets for Budget Discipline

Rathbones Asset Management is increasing its allocation to longer-maturity UK government bonds. The firm cited expectations that Chancellor of the Exchequer John Healey will maintain budget discipline based on recent budget announcements. Rathbones previously reduced exposure to longer-dated gilts during periods of budget uncertainty under previous chancellors.

• Bloomberg — Rathbones Warms to Longer UK Gilts on Bets for Budget Discipline

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