Sisyphus Posted January 26, 2006 Share Posted January 26, 2006 from Bloomberg terminal - so i can't post link: Jan. 26 (Bloomberg) -- U.K. 10-year government bonds fellfor a third day on speculation the Bank of England will leave borrowing costs unchanged for the rest of the year. US durable goods orders were stronger than expected too - prompting expectations +0.5% -to +0.75% rate rises in the pipeline. Treasuries Fall, Head for Longest Slump Since November, as Orders Increase The next UK rate move will be up not down. Quote Link to comment Share on other sites More sharing options...
AteMoose Posted January 26, 2006 Share Posted January 26, 2006 from Bloomberg terminal - so i can't post link: US durable goods orders were stronger than expected too - prompting expectations +0.5% -to +0.75% rate rises in the pipeline. Treasuries Fall, Head for Longest Slump Since November, as Orders Increase The next UK rate move will be up not down. us? Quote Link to comment Share on other sites More sharing options...
OnlyMe Posted January 26, 2006 Share Posted January 26, 2006 US rates decision next week isn't it? To parity and beyond! Quote Link to comment Share on other sites More sharing options...
ganymede Posted January 26, 2006 Share Posted January 26, 2006 Looks like the city finally smelled the coffee, wonder if its drifted along to Westminster yet? Quote Link to comment Share on other sites More sharing options...
Sisyphus Posted January 26, 2006 Author Share Posted January 26, 2006 us? US as in US of A Quote Link to comment Share on other sites More sharing options...
bubbleturbo Posted January 26, 2006 Share Posted January 26, 2006 Oh, I would soooo laugh if all this "instability" snowballs and we see the end of long term rates quckly. If interest rates went up above 5% and things got nasty, I hate to say it, but I don't think I would be able to stop laughing for a week or so. Schaudenfreude. There would be a few cheap X5's on the market then as well as houses. Quote Link to comment Share on other sites More sharing options...
AteMoose Posted January 26, 2006 Share Posted January 26, 2006 (edited) US as in US of A Your quote says U.K. I was confirming you meant U.S. Edited January 26, 2006 by moosetea Quote Link to comment Share on other sites More sharing options...
I Told You So Posted January 26, 2006 Share Posted January 26, 2006 Oh theres a surprise IR's need to rise Still the the media here will be carping on about the next rate cut. Bunch of fools 50 year lows what do they think will happen Quote Link to comment Share on other sites More sharing options...
Sisyphus Posted January 26, 2006 Author Share Posted January 26, 2006 Your quote says U.K. I was confirming you meant U.S. sorry I wasn't clear - first part does refer to UK bonds Jan. 26 (Bloomberg) -- U.K. 10-year government bonds fellfor a third day on speculation the Bank of England will leave borrowing costs unchanged for the rest of the year. Minutes of the central bank's Jan. 11-12 meeting released yesterday showed Stephen Nickell voted for an interest-rate cut for the second month, while his eight fellow policy makers voted to keep rates on hold. A report yesterday showed growth in the economy accelerated more than expected. ``The window is beginning to close in terms of rate cut hopes,'' said Oliver Mangan, chief bond economist at AIB Capital Markets in Dublin. ``Yields should back up with the diminishing prospects of a rate cut in the U.K.'' The yield on the benchmark 10-year gilt rose 7 basis points, or 0.07 percentage point, to 4.17 percent by 4:30 p.m. in London. Bond yields move inversely to prices. The price of the 4.75 percent gilt due September 2015 fell 0.56, or 5.6 pounds per 1,000 pound ($1,762) face amount, to 104.53. Prices move inversely to yields... ... Futures trading shows investors pared bets the central bank will cut rates this year. The yield on the three-month Libor futures contract due in June 2006 was at 4.59 percent today, from 4.48 percent a week earlier. The contract settles to the three-month London interbank offered rate for the pound, which has averaged about 15 basis points more than the central bank's target for the past decade. The MPC has no justification in lowering rates, soon they'll have no choice but to raise them. Quote Link to comment Share on other sites More sharing options...
verolution Posted January 26, 2006 Share Posted January 26, 2006 the bank i work at is predicting Q1 4.5 Q2 4.5 Q3 4.75 Q3 4.75 Quote Link to comment Share on other sites More sharing options...
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