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The crisis isn't over: Gilts lead a global bond slump

Started by forex4you, Oct 15, 2022, 06:03 am

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Oct 15, 2022, 06:03 am
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.

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