Econometrics research of CPIH Volatility Inference with Interest Rate Volatility
The British economy, as well as many other developed economies, has structural inflation issues that are not correlated to wages, quite the opposite, average annual incomes in the past 34 years haven’t kept pace with inflation, making real income unable…
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…
