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17 October 2022
6 min read

Q: Which bond yields are rising? A: All of them

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If you have been reading and watching UK media recently, you're probably quite aware of the furore surrounding what the BoE has been up to in apparent response to the mini-budget shenanigans of the new Tory government.

The problem with the media, as I have been saying quite a lot on good old, GB News recently, is that there is a belief things in the economy are isolated and work linearly.

'This one event led to XYZ right away, so this must be the cause!'

I stated here that the market is 'forward looking' and we shouldn't simply jump

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