Free Trial

Gilt Week Ahead

MNI (London)
  • The week ahead will see UK data take a back seat with the main event of the week a speech by Bank of England Governor Andrew Bailey at the virtual Jackson Hole Symposium event on Friday.
  • Bailey's speech will likely be less closely watched than Fed Chair Jay Powell, who is expected to give further details on the Fed's framework including possibly moving to an average inflation targeting regime. However, the speech will still be followed as to whether there are any hints as to whether and by how much QE will be expanded later this year as well as any comments on the path of monetary policy normalisation in the UK – whether the UK would reverse QE or begin to raise rates first.
  • BoE Chief Economist Haldane is due to appear on a panel on Wednesday to discuss inequality and prejudice while the DMO is due to release more details of the syndicated launch of the Jul-35 gilt. CBI sales and the Lloyd Business Barometer mark the highlights for the data calendar.
See the full document for auction previews, QE tracker and BOE purchase analysis, cash flow matrix and issuance calendars.

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.