Latest news with #giltmarket
Bloomberg
3 hours ago
- Business
- Bloomberg
UK 30-Year Inflation-Linked Yields Hit Highest Since 1998
The yield on long-dated inflation-linked UK government bonds surpassed the highs seen during the gilt-market meltdown three years ago, reflecting an ongoing shift in demand away from such debt. The rate on 30-year linkers — often known as the real yield — rose to 2.54%, the most since 1998. That surpassed a high recorded in September 2022, when former Prime Minister Liz Truss's economic plans triggered a fire-sale dynamic among leveraged pension fund strategies.
Bloomberg
07-08-2025
- Business
- Bloomberg
BOE Highlights Risk of Greater QT Impact in Hint at Slowing Pace
The Bank of England warned that its long-dated bond sales risk amplifying strains in part of the gilt market, a hint that it may need to slow the pace of its balance sheet run-off. In analysis intended to inform investors before an annual decision on quantitative tightening, officials said that against a backdrop of lower demand for long-term assets, the sales could have a 'larger impact on market liquidity.'
