Browsing Tag
Gilts
Lessons from the gilts crisis
The retreat by the developed world’s big central banks from ultra-loose monetary policy is imposing a severe stress test on the global financial system. That much is clear from the lack of…
Charts of the year: the big moments for gilts, crypto and the dollar
For most investors, 2022 has been a year to forget. Crumbling equities were bad enough, but with bonds also suffering from a surge in inflation and an aggressive response from central…
Appetite for UK bonds grows after mini-budget led investors to dump gilts
The appetite for UK bonds has staged a tentative recovery in the weeks since Kwasi Kwarteng’s mini-budget caused investors to dump gilts at the fastest rate in decades.
Investors are…
Credibility is returning to UK’s gilts, says Bank deputy governor
Britain is winning back credibility in the gilt markets but this still needs to be followed through with stable policymaking, a senior Bank of England rate-setter has said.
The fall in…
Gilts and sterling rally as Rishi Sunak poised to become prime minister
Gilts rallied sharply on Monday as Rishi Sunak was confirmed as the UK’s new prime minister, with investors betting that the former chancellor would stick to the economic policies…
UK gilts, pound and stocks rally on expected U-turn on fiscal plans
Breadcrumb Trail Links PMN Business Author of the article: Article content LONDON — Long-dated British government bonds, the pound and shares all rallied on Monday…
Sterling and gilts rally as pressure mounts on Liz Truss to ditch tax cuts
Sterling and UK government bonds jumped on Thursday as Liz Truss’s government came under mounting pressure from Tory MPs and the IMF to reverse or alter the unfunded tax cut plans…
Gilts sell off as Bank of England reiterates plan to end bond-buying scheme
A sell-off in UK government bonds accelerated on Wednesday, sending long-term borrowing costs higher after the Bank of England reiterated its plans to halt its emergency gilt-buying…
Gilts: BoE helps LDI funds abseil off cliff edge
When is monetary policy not monetary policy? When there is a crisis, it seems.The Bank of England has recently been buying back gilts in the cause of financial stability rather than…