Economic news

UK short-dated gilt yields highest since 2008 ahead of BoE, Fed

2022.09.21 08:36

[ad_1]


© Reuters. FILE PHOTO: Wads of British Pound Sterling banknotes are stacked in piles at the Money Service Austria company’s headquarters in Vienna, Austria, November 16, 2017. REUTERS/Leonhard Foeger

LONDON (Reuters) – British two-year and five-year government bond yields rose to their highest since late 2008 on Wednesday, ahead of expected interest rate increases from the U.S. Federal Reserve later on Wednesday and the Bank of England the day after.

Britain’s government also gave more details of support to businesses for energy costs, which it said would cost tens of billions of pounds.

Two-year gilt yields rose to their highest since October 2008 at 3.381%, up 9 basis points on the day, while five-year yields were the highest since November 2008 at 3.361%, up more than 6 basis points.

[ad_2]

Source link

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 88,936.83 3.32%
ethereum
Ethereum (ETH) $ 2,493.43 0.01%
tether
Tether (USDT) $ 0.998902 0.12%
xrp
XRP (XRP) $ 2.32 2.07%
bnb
BNB (BNB) $ 628.67 3.85%
solana
Solana (SOL) $ 143.65 4.17%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.213271 1.94%
cardano
Cardano (ADA) $ 0.691512 1.66%
staked-ether
Lido Staked Ether (STETH) $ 2,490.38 0.07%
tron
TRON (TRX) $ 0.229461 4.96%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 88,921.82 3.45%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,972.16 0.45%
chainlink
Chainlink (LINK) $ 15.44 2.52%
sui
Sui (SUI) $ 3.07 9.72%
avalanche-2
Avalanche (AVAX) $ 22.24 2.95%
stellar
Stellar (XLM) $ 0.296212 0.13%
litecoin
Litecoin (LTC) $ 119.44 5.40%
the-open-network
Toncoin (TON) $ 3.60 5.59%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 4.52%
leo-token
LEO Token (LEO) $ 9.03 1.88%
hedera-hashgraph
Hedera (HBAR) $ 0.19826 1.78%
usds
USDS (USDS) $ 1.00 0.22%
mantra-dao
MANTRA (OM) $ 7.64 3.83%
weth
WETH (WETH) $ 2,492.12 0.13%
polkadot
Polkadot (DOT) $ 4.74 8.30%
hyperliquid
Hyperliquid (HYPE) $ 20.89 10.87%
bitcoin-cash
Bitcoin Cash (BCH) $ 297.53 2.21%
ethena-usde
Ethena USDe (USDE) $ 0.999204 0.21%
bitget-token
Bitget Token (BGB) $ 4.39 5.71%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,640.25 0.25%
uniswap
Uniswap (UNI) $ 8.40 6.60%
monero
Monero (XMR) $ 218.44 3.86%
whitebit
WhiteBIT Coin (WBT) $ 26.97 1.25%
near
NEAR Protocol (NEAR) $ 3.09 3.20%
pepe
Pepe (PEPE) $ 0.000008 7.12%
dai
Dai (DAI) $ 0.99967 0.01%
aptos
Aptos (APT) $ 5.64 4.84%
bittensor
Bittensor (TAO) $ 381.94 0.09%
ondo-finance
Ondo (ONDO) $ 1.01 3.39%
aave
Aave (AAVE) $ 208.31 2.46%
internet-computer
Internet Computer (ICP) $ 6.49 3.65%
susds
sUSDS (SUSDS) $ 1.04 0.08%
ethereum-classic
Ethereum Classic (ETC) $ 19.08 3.84%
okb
OKB (OKB) $ 46.82 0.74%
gatechain-token
Gate (GT) $ 22.15 1.19%
mantle
Mantle (MNT) $ 0.80617 0.30%
tokenize-xchange
Tokenize Xchange (TKX) $ 33.01 2.78%
official-trump
Official Trump (TRUMP) $ 13.07 0.03%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 89,086.87 3.35%