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Forex Flash: Rise in gilt yields unlikely to be sustainable - Capital Economics

By FXstreet.com,  January 03, 2013, 08:30:00 PM EDT

FXstreet.com (Barcelona) - As Capital Economics writes in a clients note, "building hopes of global economic recovery, the deterioration in the UK's inflation outlook and growing fiscal worries have combined to push 10-year gilt yields above 2% today for the first time since May." Nonetheless, "there remain good reasons to think that yields will struggle to rise further" they add.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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