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Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

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Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

BOE
  • Q: Market prices in negative rates and GDP forecasts are higher than constant rates, does this mean you are implying negative rates work?
  • A: We use a simple estimation and because it's such a small number....before cutting out (from Bailey).
  • A: From Dave Ramsden: Shouldn't be taken as any signal of how much negative rates work, just use a simple model (implying that the model uses the same boost from a rate cut for negative rates than if rates were positive)
MNI London Bureau | +44 203-865-3820 | tim.davis@marketnews.com
MNI London Bureau | +44 203-865-3820 | tim.davis@marketnews.com