Thursday, Nov 09, 2006

Futures market expects two further interest rate risess

Bloomberg: Bank of England Raises Key Interest Rate to Highest Since 2001

....Investors expect the Bank of England to raise rates again in the first quarter, futures trading suggests. The implied rate on the contract maturing in March 2007 was 5.42 percent at 10:33 a.m. in London, up from 5.19 percent at the start of September......

Posted by dave @ 01:00 PM (391 views)
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