“Everywhere there is a lot more net supply but it’s particularly pronounced in the UK. People will buy at a price but not where we are today — not at the long end.” BofE QT, net selling by ROW & issuance are driving UK gilt spreads to Bunds.
ft.com/content/10e70f… https://t.co/kxnCvxO1vN
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…