A made in UK fiscal crisis has led to sharp rises in gilt yields, with the BoE's buyer of last resort interventions disappointing those expecting more QE-type operations. The yield rises have permeated to Treasuries and other developed markets, with important cross-asset implications.
Participants:
- Jason Daw (Desk Strategy), Head of North America Rates Strategy
- Blake Gwinn(Desk Strategy), Head of US Rates Strategy
- Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics
- Daniel Rico (Desk Strategy), Latin America FX Strategist
* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts