By Mike Dolan LONDON (Reuters) - If the Bank of England is indeed done hiking rates, it calls time on a dire couple of years for British government ...
By Mike Dolan LONDON - If the Bank of England is indeed done hiking rates, it calls time on a dire couple of years for British government bonds - even as the central bank offloads more ofCountering the culture war with education and empathy | SaltWire #TransRights #HalifaxProtestLONDON - If the Bank of England is indeed done hiking rates, it calls time on a dire couple of years for British government bonds - even as the central bank offloads more of its gilt stockpile.
To be sure, Britain has been an inflation outlier to date in the post-pandemic price surge. It has struggled more than most with the Russia-seeded energy shock and gilts suffered severe credibility damage in the aborted budget giveaway one year ago. "Gilts look at attractive levels with the BoE on hold," said Franklin Templeton's David Zahn, adding FT was now positioned"long duration" in its gilt fund and had added currency-hedged gilts to its European fixed income accounts.
"Without hiking rates again, the impact of rate hikes will continue to ramp up," said ING's James Smith, adding that the length of time rates stay high is much more important than how high they go in the short term.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Marketmind: Fed vigil sees oil recoil and UK surpriseA look at the day ahead in U.S. and global markets by Mike Dolan If the Federal Reserve was looking for some last minute clarity on the inflation picture ...
Read more »
Marketmind: Fed leaves shoe dangling in policy paradeA look at the day ahead in U.S. and global markets by Mike Dolan Central banks line up across the world on Thursday to deliver updated policy settings but ...
Read more »
Column-Auto strike may spit fuel on U.S. inflation flame: McGeeverBy Jamie McGeever ORLANDO, Florida (Reuters) - With oil prices at their highest this year and eyeing $100 a barrel again, the last thing U.S.
Read more »
Argonauts sign general manager Mike ‘Pinball’ Clemons to a contract extensionMike ‘Pinball’ Clemons became the club’s GM in October 2019. Since then, Toronto has captured three straight East Division regular-season titles and a Grey Cup title
Read more »
Toronto Argonauts sign general manager Pinball Clemons to contract extensionThe Toronto Argonauts extended the contract of general manager Mike (Pinball) Clemons on Wednesday.
Read more »
Greenberg : The Bears areMike Greenberg goes off on the Chicago Bears, saying the organization is incompetent and is
Read more »