[python] Is there a label/goto in Python?

In lieu of a python goto equivalent I use the break statement in the following fashion for quick tests of my code. This assumes you have structured code base. The test variable is initialized at the start of your function and I just move the "If test: break" block to the end of the nested if-then block or loop I want to test, modifying the return variable at the end of the code to reflect the block or loop variable I'm testing.

def x:
  test = True
  If y:
     # some code
     If test:
            break
  return something