New post. October Budget 6: Thanks to Truss, bond market scare stories are back mainlymacro.blogspot.com/2024/10/octo... The idea that if Reeves wanted to borrow an extra £30 billion, say, the markets would refuse to lend that to the UK government and precipitate a crisis is just ludicrous.

Typo? " I discussed [the] mechanism [for] this in more detail here."