Hi all
Thought it might be interesting to have a place to discuss this, I realise you are mostly americans though.
The BoE have put the bank rate up from 0.25% to 0.5% today. Gilt yields have gone down for all maturities. Even the 1 year yield fell, and 1 and 2 year gilt yields seem to now be lower than the bank rate.
The price of the IGLT gilt ETF is up 0.6% today. Same for the SLXX UK corporate bond ETF.
GBP/USD is down today.
Cheers
M
Submitted November 02, 2017 at 09:14AM by largestdogintheworld http://ift.tt/2lIcC2N
