The crisis isn't over: Gilts lead a global bond slump<p>The BOE tried an emergency QE program.</p><p>The government tried undoing its corporate tax cut.</p><p>Yet here we are, with gilts fast-approaching the levels were the BOE intervened and Truss did a U-turn. UK 30s are now up 22 bps on the day and 52 bps from the lows.</p><p>This is a monumental test for UK markets and it's spilling over globally.</p>
This article was written by Adam Button at forexlive.com.
Source: The crisis isn't over: Gilts lead a global bond slump (https://forexlive.com/news/the-crisis-isnt-over-gilts-lead-a-global-bond-slump-20221014/https://forexlive.com/news/the-crisis-isnt-over-gilts-lead-a-global-bond-slump-20221014/)
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