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Add as a preferred source on GoogleBailey Attributes Part of UK Yield Curve Rise to Bond Risk Premiums
The Bank of England’s Bank Rate stands at 3.75%, while Bailey distinguished bond risk pricing from expectations of a rate increase.
Bank of England Governor Andrew Bailey said bond-market risk premiums explain part of the rise in UK yields, separating the move from expectations of an interest-rate increase.
The Bank Rate stands at 3.75%. Bailey identified compensation for bond-market risk as one factor behind the rise in the UK yield curve.
The remarks add a bond-market dimension to the Bank of England’s policy discussion, where inflation control has been central to Chief Economist Huw Pill’s policy outlook.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.