GB

The United Kingdom continues to struggle with the structural aftermath of Brexit, reflected in a volatile CPI of 2.62%. The lack of productivity growth has pushed the economy into a state of precarious equilibrium. While the central bank rate at [N/A] is intended to curb inflation, it is simultaneously stressing the mortgage markets and fiscal sustainability. The government's balance sheet is stretched, and the Current Account deficit suggests a heavy reliance on external capital flows. Investors should focus on the sovereign stress indicators for the Gilt market.