gilt

The markets already are calling the potential Scottish bonds “kilts,” a play on the word used for British bonds, named “gilts” after the gilded borders on old bond certificates.

He claimed "leaks and spin" from the Treasury had led to market speculation being "rife and the gilt markets volatile".

Yields on U.K. government bonds, known as gilts, rose from low levels, while sterling eased as investors turned their focus to concerns about backloaded tax hikes in Wednesday’s U.K. budget.

—Yields of U.K. sovereign bonds, or gilts, were steady to start the week but risk staying elevated after Wednesday’s budget due to increased political risk, economists at Pantheon Macroeconomics said in a note.

He flings his lunch against the wall, shattering a piece of Nancy Reagan’s china and leaving a trail of ketchup and hamburger grease on the wallpaper and faux gilt sconce recently procured from Home Depot.