Jump to content
House Price Crash Forum
Sign in to follow this  
MrB

Bond Sell Off

Recommended Posts

I've been on holiday for a few days, and missed some action on the bond market.

Yields on long term UK bonds moving higher apace:

http://newsvote.bbc.co.uk/1/shared/fds/hi/...ilt/default.stm

European bonds drop: http://www.bloomberg.com/apps/news?pid=100...VUg&refer=rates

10 Year US treasury yield hits 5%, highest in 4 years. Here's a nice chart: http://finance.yahoo.com/q/bc?s=%5ETNX&t=1y

Here's some guff analysis: http://money.cnn.com/2006/04/05/markets/bo...ields/index.htm

Is this the start of something exciting?

Share this post


Link to post
Share on other sites

Did I miss something. Last time I heard anything from the ECB it was Trichet hinting rates would not be going up. I didn't really beleive him at the time?!

trichet is hinting rates in the EU will not rocket,doesn't mean they won't go up!!!

...the EU will do better by de-regulating....not much short term impact in IR's but a major clout to GDP......i think that's where the french labour laws come in......watch out for the " new,improved" version!!!

Share this post


Link to post
Share on other sites

And so the trend continues.....

http://newsvote.bbc.co.uk/1/shared/fds/hi/...ilt/default.stm

Yields on 5 to 10 Yr Treasuries up to 4.65%, now ahead of the best fixed rate mortgages....How long will lenders take the strain?

http://finance.yahoo.com/q?d=t&s=%5ETNX

US 10 yr note up 1.8% at the time of posting, 5.07 yield.

These were predictions from mrtgage advisors regarding interest rates over 2005/2006:

Interest rate predictions

John Mills, MD, Westpoint Mortgages (mortgage adviser): “It looks to me like it’s going to go down in September. I think the MPC will nudge it down another 0.25 per cent to keep things ticking over.”

Colin Dale, head of lending, Skipton Building Society: “Our view is one of stability. We don’t expect any more interest rate reductions until possibly the end of the year. December is always a popular month for a downward move.”

Murdo McHardy, senior manager for product development and marketing, Scottish Widows Bank: “Interest rates will remain stable, possibly with a 0.25 per cent move downwards before the end of the year.”

Ray Boulger, senior technical manager, John Charcol (mortgage adviser): “When the inflation report comes out in November it will be sufficiently obvious that the UK economy is not responding. If I had to name a month for the next 0.25 per cent cut I’d say November.”

Tanya Jackson, spokesperson, Yorkshire Building Society: “We expect a gradual drift downwards with occasional peaks and troughs. But over the coming year (2006) we should see a total rate fall of 0.75 per cent.”

http://whatmortgage.money.msn.co.uk/fixed-rate.htm

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 336 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.