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MNI Gilt Week Ahead: Pricing in Jackson Hole

  • UK markets have moved to price in moves from Jackson Hole on Tuesday trading – with a combination of spillover effects from Powell’s speech which have impacted global markets as well as Bailey’s speech reducing pricing for cuts across UK curves.
  • We look in more detail at Bailey's speech and what it means for market pricing.
  • Turning to this week, we will receive the DMO’s FQ3 (Oct-Dec) operations calendar on Friday and likely the Jan-40 gilt coupon announcement.
  • We also look ahead to this week's UK data and review Starmer's speech.
For more see the full document here:

GiltWeekAhead20240827.pdf

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