Yonhap Infomax NewsJun 3, 2025
Strong investor demand at the UK’s 2063 gilt auction drove long-term gilt yields lower, with the 30-year yield hitting its lowest since May 9 before rebounding as US Treasury yields rose.
#YonhapInfomax #UKGilt #DebtManagementOffice #AuctionDemand #LongTermYield #InvestorBids #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65990
Strong Demand at UK Ultra-Long Gilt Auction Drives Long-Term Yields Lower

Strong investor demand at the UK’s 2063 gilt auction drove long-term gilt yields lower, with the 30-year yield hitting its lowest since May 9 before rebounding as US Treasury yields rose.

Yonhap Infomax
Show threadDonald RoyJan 28, 2025

@ChrisMayLA6

One has to wonder whether anyone in #hmtreasury consulted the #debtmanagementoffice about this! #definedbenefitschemes tend to hold a lot of gilts for fiduciary and prudential reasons . Not clear why one would want to discourage this at a time when there are jitters anyway in the gilts market. This does not look much like any kind of 'joined up thinking' !

SubtleBlade ⚔️Apr 28, 2024

#ThamesWater collapse could trigger Truss-style borrowing crisis, Whitehall officials fear

Officials in the #Treasury and the UK’s #DebtManagementOffice fear that, unless the #UK’s biggest #WaterCompany is #renationalised as soon as possible, “prolonged uncertainty” about its fate could “damage confidence in UK plc at a sensitive time”, with elections in the UK and the US later this year.
https://www.theguardian.com/business/2024/apr/28/thames-water-collapse-borrowing-whitehall-uk-finances-bonds-liz-truss
#ToryPoliciesInAction #ThatchersLegacy

Thames Water collapse could trigger Truss-style borrowing crisis, Whitehall officials fear

Exclusive: Concerns over effect on UK’s finances lead officials to believe utility should be renationalised before general election

The Guardian
SubtleBlade ⚔️Feb 10, 2024

Disastrous #Truss #budget forced #UK #councils to take out massive 50-year #loans at soaring rates

#DebtManagementOffice figures show lasting impact of mini-budget that spooked #FinancialMarkets, says Labour’s #AngelaRayner
https://www.theguardian.com/society/2024/feb/10/disastrous-truss-budget-forced-uk-councils-to-take-out-massive-loans-at-high-interest-rates
#ToryPoliciesInAction #ToryFinancialIncompetence

Disastrous Truss budget forced UK councils to take out massive 50-year loans at soaring rates

Debt Management Office figures show lasting impact of mini-budget that spooked financial markets, says Labour’s Angela Rayner

The Guardian