英国政治风暴+预算案临近：英国资产在恐慌抛售与追捧间摇摆 通胀挂钩债券被疯抢

Group 1 - The latest political turmoil in the UK is negatively impacting asset performance, with increasing market volatility as a controversial budget proposal approaches [1][2] - Speculation regarding Health Secretary Wes Streeting challenging Prime Minister Keir Starmer has raised concerns among Wall Street strategists, indicating that such rumors could harm UK assets in the long term [2][4] - The British pound has depreciated by 0.4%, trading at 1.3105 USD, while the yield on 10-year UK government bonds has increased by 3 basis points [2][4] Group 2 - The upcoming budget announcement on November 26 is expected to include tax rate increases to balance the budget, which could further dampen market sentiment [2][4] - Political uncertainty is seen as detrimental to both the pound and UK government bonds, with past political missteps leading to significant market reactions [4] - The trade-weighted strength of the pound has fallen to its lowest level since January, reflecting ongoing concerns about fiscal deficits [4] Group 3 - A record demand for inflation-linked bonds has been observed ahead of the budget, alleviating some concerns about debt sustainability [6][7] - The recent issuance of inflation-linked bonds totaled £4.25 billion, with investors submitting over £69 billion (approximately $91 billion) in bids, indicating strong market interest [6][7] - The UK government bond market has shown strong performance in October, attracting major investment firms, which may provide some relief to the Chancellor [6][7]