The yield on benchmark 10-year UK government bonds fell to its lowest since 1989 yesterday, as fears grew that policymakers do not have the firepower left to kick-start global economic recovery.
The 10-year gilt yield dropped 14 basis points, or 0.14 percentage points, to 1.28% by late afternoon yesterday, after hitting 1.226% – the lowest since Bloomberg began collecting data in 1989. According...
‘Important to have an anchor’
Report to be written by TPR
Lack of innovation for solutions
Some 2,000 consumers affected