The lurch in gilts and sterling that happened in September 2022 was the stuff of nightmares for British financial executives. Some pension funds almost toppled; insurers had to reassure investors of their financial health, and banks pulled risky products amid fears of defaults. The wobble that happened this week is not that, by a long way — but it still merits concern. Sharp moves in prices of UK government bonds and currency this week gave some investors flashbacks.
4 percentage points in a day, and over 1 percentage point in three days. A more modest and steady uptick in yields should not create the same sort of practical problems for companies that hold lashings of UK government bonds, and if anything can help increase insurers’ income over the long-term.
الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
UK borrowing costs climb as ‘stagflation’ fear stalks gilt marketStubborn inflation and stalling growth have driven yields back to the highs reached after October’s Budget
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