1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Gilts plunge as interest rate rises recede

Discussion in 'Market News' started by Lily, Feb 11, 2016.

  1. Lily

    Lily Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    7,343
    Likes Received:
    0
    The Bank of England’s next move could be more QE or even interest rate cuts. But would Osborne ever consider the activity booster of infrastructure investment?

    A record was broken during the latest wave of selling on the world’s stock markets. As share prices plunged the yield on 10-year UK government gilts fell to levels never seen before.

    Should he wish to do so, George Osborne could borrow money in the markets more cheaply than any of his predecessors: neither Benjamin Disraeli nor William Gladstone (a particular hero of the chancellor) enjoyed interest rates as low as 1.29%.

    Continue reading...
     

Share This Page