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Gilts Caught Between Twin Risks From Burnham Debut and Oil Shock

Britain’s bond traders have spent Andy Burnham’s first week in office trying to price two different forces: the spending ambitions of his new government and the impact of oil prices hovering near $100 a barrel.

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Britain’s bond traders have spent Andy Burnham’s first week in office trying to price two different forces: the spending ambitions of his new government and the impact of oil prices hovering near $100 a barrel.