Expectations for further Bank of England rate cuts this year are fading as July UK inflation exceeded forecasts, prompting markets to price in a prolonged rate hold and pushing gilt yields to multi-decade highs.
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#BankOfEngland #UKInflation #InterestRates #GiltYields #Sterling
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=77990
Chances of Additional BOE Rate Cuts This Year Diminish as UK Inflation Surprises to Upside

Expectations for further Bank of England rate cuts this year are fading as July UK inflation exceeded forecasts, prompting markets to price in a prolonged rate hold and pushing gilt yields to multi-decade highs.

Yonhap Infomax
U.S. Treasury prices fell, led by long-term bonds, as a surprise drop in ADP private payrolls failed to sustain gains; surging UK gilt yields amid political turmoil fueled a global bond selloff.
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#USTreasury #ADPEmployment #GiltYields #RachelReeves #YieldCurve
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70480
[New York Bond Market]Treasury Prices Weaken Despite ADP 'Shock'—Gilt Yield Surge Reverberates

U.S. Treasury prices fell, led by long-term bonds, as a surprise drop in ADP private payrolls failed to sustain gains; surging UK gilt yields amid political turmoil fueled a global bond selloff.

Yonhap Infomax