We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
UK At 80% Risk Of Rating Downgrade On Current Debt Plan:PIMCO
Comments
-
It's called a Yield Curve'In nature, there are neither rewards nor punishments - there are Consequences.'0
-
from your article
except for the expert armchair ecnomists on MSE who predicted a Gilts strike
that's not what they saying on MSE!!!!
They are purchasing gilts using assets bought Using QE. Is ther any surprise they arent struggling to sell them?
The boe BOUGHT more gilts than it sold last year you clown!0 -
-
They are purchasing gilts using assets bought Using QE. Is ther any surprise they arent struggling to sell them?
The boe BOUGHT more gilts than it sold last year you clown!
i get two muppets for the price of oneIt's the curse of Google intelligence again I fear. Fortunately I am on hand to advise Chucky if required.
how do you get 2.68 coverage on just one issue then - is that all the BOE?0 -
Not again. OK then, one last time. If you take the Yield Curve aspect ration, and genuflect the associated underlying rapidity of the data set, then it is possible to draw a diverging parallel between the points. Once you have this as your base line then it is self evident why the figure of 2.68 exists, it is an entity in itself which reminds me in a strange way of the paradox that we first witnessed during the Sterling crisis.two muppets for the price of one
how do you get 2.68 coverage on just one issue then - is that all the BOE?
Apologies if I am failing to get this through to you, but I guess working in the City this stuff is second nature to me, and it is difficult to satisfy the young one's thirst for knowledge. We don't normally take passengers, if you know what I mean.0 -
stick to the humour and the funnies mewbie - you're not the brightestNot again. OK then, one last time. If you take the Yield Curve aspect ration, and genuflect the associated underlying rapidity of the data set, then it is possible to draw a diverging parallel between the points. Once you have this as your base line then it is self evident why the figure of 2.68 exists, it is an entity in itself which reminds me in a strange way of the paradox that we first witnessed during the Sterling crisis.
Apologies if I am failing to get this through to you, but I guess working in the City this stuff is second nature to me, and it is difficult to satisfy the young one's thirst for knowledge. We don't normally take passengers, if you know what I mean.
0 -
So people are expecting 2.5% rates nex year?
Only Forumonicists :rolleyes:
Is that not the 10 year Yield shown in your pretty graph ?'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
Bulls are getting desperate if they're using an auction of short gilts in the middle of QE and with enforced bank purchases as a sign the great Gordo can continue on his spending spree. Even the Labour majority Treasury Committee admits UK may not be able to sell enough gilts:
“…there remains the risk that the combination of the large amount of gilt auctions planned in 2010-11 and the cessation of Quantitative Easing will result in an excessive supply of UK gilts onto the market at a time when other governments will be offering similar products, with the possible result that auctions are uncovered and yields increase.”"The state is the great fiction by which everybody seeks to live at the expense of everybody else." -- Frederic Bastiat, 1848.0 -
i get two muppets for the price of one
how do you get 2.68 coverage on just one issue then - is that all the BOE?
The Bank doesnt directly buy gilts. The deal is as follows. BOE Purchase Assets from the banks (RBS,Barclays capital etc) in return for cash. Those assets are held on the BOE balance sheet. The Independent banks thus go out and purchase Gilts from the market. The banks are also injecting quite a lot of cash into the FTSE at the moment it would seem.
It would not surprise me if this has been requested by the BOE after recent rumblings of a write down. If UK creditor confidence collapses, its going to be bad for the UK banks on asset insurance schemes. I would to see the input from non-uk banks into the gilts market.... shame those figures aint public isnt it chucky?
Either way, until QE ends, we wont have a true picture of the economy.
Now who is the muppet?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.8K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards