I am thinking for a mid term length of hold (5-10 years). The 2 year gilt has already been edging downwards over the last few months but it is still very high in terms of where it’s been over the last 30 years.
It seems like the BOEs plan to gradually taper down rates over the period of a few years. I believe we will cut one more cut to 4.75blq in November and then that will be us for 2024. I think we will be on 3-5-3.75% by the end of next year, at which point I think the pace will slow down where we might find ourselves on 2.5-3% come the end up 2026 and then I will look to re-deviate my position.
It would be my first bond trade ever so I just wanted to double check my line of thinking on how they work is right before committing, I will just be buying a small amount anyway
Submitted August 02, 2024 at 01:55AM by Life-Ambition1432 https://ift.tt/mYwifp8
