Tuesday, Dec 29, 2009

The cost of our debt is rocketing, 4.1% now!

Guardian: Gilt yields hit year's high as investors move into shares

I believe that our gilts are now worse than Italy (4% iirc!). Where will this lead us and what'll happen to our interest rates, surely can't stay at 0.5% for much longer now!

Posted by pauly_boy @ 09:19 PM (1056 views)
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1. techieman said...

i believe that every drop of rain that falls a flower grows...

sorry but i couldn't resist.... off for lunch now might comment on this later, although dont be fooled - the mortgage rates will pay more attention to movements in the long gilt than base.

If only there was a pretty picture to prove it.

Wednesday, December 30, 2009 11:46AM Report Comment

2. jack c said...

The Reuters boy's also have a blog running on this topic see


Interested to hear your views techie as I think this could be the catalyst to the Silver Bulett

Wednesday, December 30, 2009 12:39PM Report Comment

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