Inflation Sends a Shockwave Through U.K. Markets
- ‘Storm clouds are gathering over the wider economy:’ Invesco
- U.K. bond yields have surged faster than the U.S. and Europe
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The hottest U.K. inflation in 30 years is reshaping the financial landscape and forcing investors to contend with a wide array of new risks.
An increasingly hawkish Bank of England, consumers reeling from sticker shock and the possibility of wage-price spirals and stagflation are all looming large on investors’ minds.