`Come, Issue, Borrow, Spend Fiscally,' JPMorgan AM Tells U.K.

The video discusses the outlook for sterling markets and gilts heading into 2020, with a focus on the potential impact of the UK election on fiscal policy and bond markets. It highlights City's prediction of a 0.2% UK 10-year yield and possible interest rate cuts by the Bank of England. The discussion covers the role of fiscal stimulus, government borrowing, and the bond market's response. It also examines the gilt market's ability to absorb changes, including inflation and central bank interventions.

Discuss the relationship between government borrowing and bond market reactions.

What factors could lead to a surge in inflation according to the text?