Yields on gilts fell following the BOE’s close decision to keep interest rates on hold at 4.0% and signaled potential rate cuts in the coming months.
The 2-year/10-year United Kingdom Gilt spread closed the week at a positive 4.3 basis points. As a result, today’s simulation shows that the probability of future negative Gilt spreads in the 91-day ...
Yields on U.K. government bonds climbed, tracking their U.S. peers, as markets revised down their expectations for U.S. interest-rate cuts after Fed Chair Powell said a follow-up rate reduction in ...