Today news
About the same in other media
As Bond Investors’ Bets Blow Up, They Might Usher In Era of Higher Rates
Reading now: 206
wsj.comIn 2018, the Bank of England investigated whether a big rise in interest rates would trigger a cascade of forced selling by bond investors, destabilizing the financial system. The answer was no, even if long-term rates rose a full percentage point in a week, which had never happened in records going back to 1990.
In the days surrounding the British government’s tax-cut announcement on Sept. 23, yields on British government bonds, called gilts, gyrated as much as 1.27 points in a single day as pension funds dumped bonds and closed out bond-linked derivatives positions to meet margin calls. The Bank of England was forced to step in and buy bonds to stem the selloff.
Read more on wsj.comAbout this in other media
Best Ethereum Betting Sites 2022 - Compare Ethereum Sportsbooks cryptonews.com /2 years ago
UK government borrowing costs rise after Bank denies it will delay bond sales theguardian.com /2 years ago
UK housebuilder Bellway expects sluggish sales as interest rates rise theguardian.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
![ApeCoin [APE] could see some gains toward $5, only if…](https://fvbb.com/storage/thumbs_400/img/2022/10/19/44889_hqv.jpg)
