UK GILT yield curve at risk of sustained higher volatility
From a technical standpoint, the bond market reaction function to the Autumn Budget 2024 has been similar to the mini-budget 2022, indeed making the 10Y GILT yield increase to 4.54% above the 2022 of 4.32%, while the scale of change…
FRONT END GILTs YIELD CURVE MISPRICED COMPARED TO 5.2% INFLATION EXPECTATIONS
Inflation Expectations in the United Kingdom decreased to 5.20% in April from 5.40% in March of 2023 THE FRONT END OF THE UK GILTS YIELD CURVE HAS BEEN MISPRICED FOR MANY MONTHS, DESPITE CORE INFLATION RATE STANDING AT 6.2%, CPI…
