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The Telegraph has written an article (see link) that says that UK bonds are subject to a "moron premium" after the disastrous policies created by Truss & Kwarteng. The article suggests that the US are almost certain to pay a premium too because of their recent financial actions. It's undecided what to name the premium but 'moron' is OK with me as Trump is a moron in my view.
As well as recently boosting the DAX to a new record, the US has also seen Germany benefit from some investors viewing German sovereign bonds as the new safe haven.
Obviously stability is the key here. Oh and not trying to convince debt markets to fund tax cuts for 0.5pc of earners and expect it to grow the economy …
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It's official - Truss is a moron on 08:43 - Apr 16 with 384 views