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U.K. Pension Funds Weather Borrowing Cost Spike, Unlike 2022 Crisis
Higher U.K. borrowing costs this year, unlike the 2022 mini-budget crisis, have benefited pension funds due to higher funding ratios, lower leverage, improved governance, and a more measured yield increase; however, this reduced demand for new gilts presents challenges for the U.K. Debt Management O...
U.K. Pension Funds Weather Borrowing Cost Spike, Unlike 2022 Crisis
Higher U.K. borrowing costs this year, unlike the 2022 mini-budget crisis, have benefited pension funds due to higher funding ratios, lower leverage, improved governance, and a more measured yield increase; however, this reduced demand for new gilts presents challenges for the U.K. Debt Management O...
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