There’s No Stopping the Core Bond Sell-off for the Moment

Markets There’s no stopping the core bond sell-off for the moment. UK Gilts remain underperformers with UK money markets betting on aggressive BoE action (4.5% policy rate peak mid-next year). Double digit inflation and the political blame game put BoE governor Bailey with his back against the wall. UK yields yesterday rose by 4.9 bps […]

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