Showing posts with label Gilts. Show all posts
Showing posts with label Gilts. Show all posts

Thursday, June 25, 2009

Bank Of England Gilt Buyback Issues Escalating

The Bank Of England has announced that it is excluding the 5% 2014 and 8% 2021 gilts from buybacks until notice. As this is likely indicative of the major weakness in the gilt curve, the US better sell all the 5-12 year comparable Treasuries it can asap.
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