Friday, Nov 06, 2009
Long yields are creeping up
FT: Short View: Yield curves
Concise article on how QE is holding down long gilts, but worries on inflation and smaller than expected increase to QE is pushing them up. More expensive mortgages down the track.
Posted by letthemfall @ 09:43 AM (241 views) Add Comment
1 Comment
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1. fallingbuzzard said...
I think yesterday's announcement signified the end of QE during the current government. Real borrowing rates are going to move significantly higher, way beyond the expectations of the general public, whilst taxes and prices do the same. I do wonder who the public will end up blaming.