The UK’s bond market is on fire. It’s the 2022 gilts crisis all over again. Investors are recoiling in horror at the Labour government’s policies. That, listeners, is what the more excitable bits of the internet would have you believe. Is it right though? I’m gonna give you a ...
The RPIX was the UK’s lead inflation index until 2003, when it was replaced by the CPI. The RPI and the CPI are calculated differently, using different methods of calculating average prices, as well as different formulae. The ONS believes that the RPI isn’t a great statistic, because...
US bonds and UK gilts are tracking each other, and heading down. Today on the show, Rob Armstrong and Katie Martin try to figure out whether to blame chancellor Rachel Reeves, or the whole world. Also, Rob goes short pretentious editorials and Katie coins a new term, “Brovid”, to ...
Securitiesare contracts to which we give a value and then trade. This may be a bond, a mortgage-backed security, or a share. In the UK, ‘gilts’ are the equivalent of US Treasury securities. A security is a financial instrument, i.e., amonetary contract between partieswhich people trad...
Here are some answers to the most commonly asked questions about standing orders. What happens if a standing order is not paid?expandable section If you don’t have enough money in your account to pay a standing order, it may be refused by your bank. When this happens, your standing order...
Below are the main types of ISA: Cash ISA – a savings account that lets you earn tax-free interest on the money you save. Stocks and shares ISA – lets you invest in stocks, shares and funds, tax-free. Lifetime ISA – can be used to buy your first home or save for later life....
10-year yields inched down and the 30-year traded flat. UK gilts haven't moved in isolation, either, which is the crucial difference with the Truss saga. Granted, government policy hasn't helped, but the original moves were prompted by a retreat from US government bonds. And t...
For governments, bonds are the main way they can raise funds without increasing taxes. The UK treasury issues bonds which are known as gilts (because in the past the paper bonds were gilt-edged). You can also get a bond from a company seeking to raise money. For example, Tesco might ...
I successfully used laboratory-grade androstenone to treat presumed sexual aggression in several other cats subsequently before finding a readily available source of androstenone in the form of an aerosol made to help pig farmers detect estrus in gilts. This particular pheromone, which is found in bo...
UK Treasury bonds, known as gilts because they used to literally have gold edges, are the mechanism by which the state borrows money from investors. They pay a fixed annual return, known as a coupon, to the lender over a fixed period - five, 10 and 30 years are common durations - and...