The BOE reports that the cover ratio in the latest operation in +15 year gilts was 4.14 compared to 2.08 in the most-recent operation.
The idea is that lots of bonds were submitted for sale, which may indicate that someone is trying to unload.
Gilt yields and cable are higher after the results, which are here. The FTSE has also turned lower.
Overall, the BOE bought £1,169.9 of bonds today.
Most Popular
Sponsored
Trump Accounts launch sparks buzz! 500K kids get $1K deposits. Dell shares surge on White House bell ringing.
DTE & Consumers customers may get $42/day for outages. Storms hit 30k, impacting service.
SpaceX IPO valuation gap widens! Wall Street banks issue bullish ratings, but valuations differ wildly.
Meta's AI cloud play: $20B potential, but risks loom. Zuckerberg bets big on computing power vs. AWS.
Meta faces $1.4T penalty risk in child addiction trial. Investors eye valuation impact.
Dubai's DFSA overhauls fund rules, eyes tokenization & retail access. Risk-based approach aims for competitiveness.
Chick-fil-A's $45 family meal hack sparks nostalgia for 2018 prices. Value play?
Sponsored
Must Read
