Friday, Feb 27, 2009
Now the rush to announce QE is understandable
Reuters: UK gilt future falls nearly 2 points on bank plan, supply
People are starting to turn their noses up at government debt. Fortunately QE has already been announced. "There's a very negative feeling for gilts at the moment. We've more than enough supply out there,"
Posted by stillthinking @ 09:38 AM (293 views) Add Comment
1 Comment
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1. d'oh said...
No surprises here. It was quite clear this was expected...hence the new rules for (pension schemes iirc) to have to hold more gilts and the talk of QE.