The continued rally in gilts is pushing values to extreme levels at both the short and long ends of ...
The continued rally in gilts is pushing values to extreme levels at both the short and long ends of the yield curve, according to SchroderSalomonSmithBarney, which sees the rally as evidence of a gilt bubble. Analyst Michael Saunders believes the downside risks to UK growth and inflation are not as bad as the market has priced in, which could trigger an easing in prices at the short end of the curve.
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