"Smells Like A 'Truss Moment'" - UK Gilt Yields Hit 16 Year High, Stocks & Cable Tumble

Jan 8th 2025 8:21am EST

“Smells Like A ‘Truss Moment'” – UK Gilt Yields Hit 16 Year High, Stocks & Cable Tumble UK Gilt yields topped 4.80% for the first time since 2008 this morning (up 12bps on the day) having blasted higher since The Fed started on its rate-cutting cycle… This is not (yet) a Truss-style repudiation of the […]

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