Free Trial

BoE Terminal Hike Pricing Tests 2023 High Above 5%

STIR

Somewhat obscured with the longer-end selloff in UK rates: BoE terminal Bank Rate pricing is up 3bp on the day and pushing 5%, eyeing 2023's peak close seen in April (5.01%) and implying 50bp of further hikes in this cycle.

  • Though of course that's well off the October 2022 mini-budget-fiasco peak of around 6%.
  • June hike pricing sits just under 22bp.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.