The Bank of England has cut interest rates and started a quantitative easing program that includes both government and corporate bonds. This approach was enough to send the pound Sterling down to $1.31 and 10-year gilt rates to a record low of 0.677{5f08f54adb165737e8b48009084fe73a369a6de54dc69452a1da88ef2f1958f6}. While I reiterate my previous bullish views … Read entire story.
Source: Credit Writedowns Pro
