Pound and gilts could face greater strain, James Van Straten warns

Pound and gilts could face greater strain, James Van Straten warns
Burnham pressure may hit pound, gilts

James Van Straten questions whether current events signal the end for Burnham, suggesting that this could result in increased pressure on the pound and gilts.

He also characterizes the ongoing situation as reminiscent of a banana republic.

Van Straten has previously argued that Western governments have lost control over long-term bond markets, anticipating further interventions in the sector (link). He has also noted an increase in financial system liquidity driven by onshoring, tokenisation, lower fees, and a growing role for AI agents (link). His recent comments build on these observations of market instability and systemic shifts.

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