Tories Mulling More Borrowing May Threaten World-Beating Gilts

  • Policy proposal may mean additional supply for investors
  • Longer-dated bonds return more than 20% on rates, haven demand

With the race to be Britain’s next prime minister down to three candidates, holders of the world’s best-performing bonds are getting a taste of what may be in store as policy shifts to deal with the economic consequences of voters’ decision to leave the European Union.

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