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"That didn't happen in England." That is precisely what happened. No market buyers for GILTS because tax cut play jeopardized future debt obligations by the go
by arberx 4y ago
"That didn't happen in England."
That is precisely what happened. No market buyers for GILTS because tax cut play jeopardized future debt obligations by the government.
- neilwilson 4y agoThere's always market buyers for Gilts. GEMMS are required to make two way prices in all market conditions as a conditions of their access to the Debt Management Office.