UK 10 and 30 yr gilt yields after the morning spike ended up closing unchanged on the day. So just maybe the pension fund community who got attracted over the years to Liability Driven Investments in order to juice returns, did the necessary deleveraging over the past few weeks. Also, the new BoE program announced Monday, the Temporary Expanded Collateral Repo Facility (TECRF), maybe helped too.
10 yr intraday Gilt Yield
Peter is the Chief Investment Officer at Bleakley Advisory Group and is a CNBC contributor. Each day The Boock Report provides summaries and commentary on the macro data and news that matter, with analysis of what it all means and how it fits together.