The yield on UK Gilts has climbed to it highest level this century (market prices have fallen), with market traders expecting the Bank of England to raise interest rates at least twice in the rest of 2026 to counter inflationary pressures.
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The yield on UK Gilts has climbed to it highest level this century (market prices have fallen), with market traders expecting the Bank of England to raise interest rates at least twice in the rest of 2026 to counter inflationary pressures.
This will just further stifle the UK's economy, and likely actually push the UK from an essentially flatlining economy into actual recession... if they do as traders expect.
The UK's 'openness' to global markets is now a clear weakness.
#economics
h/t FT -
The yield on UK Gilts has climbed to it highest level this century (market prices have fallen), with market traders expecting the Bank of England to raise interest rates at least twice in the rest of 2026 to counter inflationary pressures.
This will just further stifle the UK's economy, and likely actually push the UK from an essentially flatlining economy into actual recession... if they do as traders expect.
The UK's 'openness' to global markets is now a clear weakness.
#economics
h/t FT@ChrisMayLA6 Gilt trip...
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The yield on UK Gilts has climbed to it highest level this century (market prices have fallen), with market traders expecting the Bank of England to raise interest rates at least twice in the rest of 2026 to counter inflationary pressures.
This will just further stifle the UK's economy, and likely actually push the UK from an essentially flatlining economy into actual recession... if they do as traders expect.
The UK's 'openness' to global markets is now a clear weakness.
#economics
h/t FT@ChrisMayLA6 The irony that the UK's "openness to global markets" - once its strength - now amplifies the very interest rate hikes that threaten to tip a flatlining economy into recession.
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R relay@relay.infosec.exchange shared this topicR relay@relay.mycrowd.ca shared this topic
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@ChrisMayLA6 The irony that the UK's "openness to global markets" - once its strength - now amplifies the very interest rate hikes that threaten to tip a flatlining economy into recession.
exactly....its an economic model that is well past its sell by date (and indeed only ever really worked for a minority of the population)
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exactly....its an economic model that is well past its sell by date (and indeed only ever really worked for a minority of the population)
@ChrisMayLA6 It’s hard to argue with that - the gains were always uneven, and now the costs are hitting everyone.
