The Bank of England on Thursday slowed the pace of interest-rate hikes down to a half point, as the U.K. central bank balances a need to fight inflation with signs Read more
Tag: BX:TMBMKGB-02Y
Bank of England interest rate hike is biggest in three decades, but dovish commentary hits the pound
The Bank of England made its largest interest-rate increase in three decades in response to inflation that the central bank still expects to accelerate. By a 7-to-2 vote, the U.K. Read more
Bank of England matches Fed with 75 basis point hike in biggest move in three decades
The Bank of England made its largest interest-rate increase in three decades in response to inflation that the central bank still expects to accelerate. By a 7-to-2 vote, the U.K. Read more
‘No more Santa Sunak.’ New U.K. prime minister faces a battle to keep markets calm, say analysts.
U.K. bond markets rallied on Monday as former Chancellor of the Exchequer Rishi Sunak was handed the keys to Downing Street, but analysts cautioned that even under a government expected to Read more
As bond yields spike, Bank of England widens U.K. market intervention in second effort this week to calm volatile markets
The Bank of England said Tuesday that it will expand its daily U.K. bond purchase operations to include index-linked gilts, the second move this week aimed at trying to calm Read more
As bond yields spike, Bank of England widens U.K. market intervention in second effort this week to calm volatile markets
The Bank of England said Tuesday that it will expand its daily U.K. bond purchase operations to include index-linked gilts, the second move this week aimed at trying to calm Read more
U.K. could trigger a global crisis as pound collapses while bond yields soar, Larry Summers says
““A currency crisis in a reserve currency could well have global consequences. I am surprised that we have heard nothing from the IMF.”” — Larry Summers, former U.S. Treasury secretary Read more
Global bonds are in first bear market in 76 years based on two centuries of data, says Deutsche Bank
It’s been a terrible year for financial markets and perhaps even more so when you weigh 2022 against more than two centuries of data. Global bonds are now in their Read more
New Truss government is like a doomsday cult, UBS economist says
The harshest verdict on the policies of the new Liz Truss come from the financial market itself. But among the harshest comments comes from Paul Donovan, the chief economist of Read more
U.K. gilt yields surge, with 10-year moving past 4%, as investors bet on aggressive Bank of England action to tame tax cuts
U.K. bond yields surged on Monday for a second day, as investors bet the Bank of England will have to take aggressive action to offset the impact of surprisingly large Read more
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