BOE’s Ramsden: We have not made a decision on QT pace for September

  • Personally, I see a case for slightly increasing the pace of QT
  • We are seeing bond markets react to developments, including in the US
  • I don’t think there’s a structural change going on in the bond market

The press conference has ended with UK 2-year gilts down 9.4 bps to 4.900% but 10s are up 1.5 bps to 4.419% as long-dated global bonds slump.

This article was written by Adam Button at Source