GBP Focus on 2-Year Spreads

by Ashraf Laidi

Aug 14, 2013 17:13

UK 2-year yields further surpass their US counterparts into positive territory while 10-year gilt yields are not far from doing the same. The sharper move in the UK-US 2 year spread to 0.11% is a manifestation of the 3 exceptions given by BoE governor Carney regarding his forward guidance on keeping rates low for about 3 years. Full chart & analysis

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