Intraday Market Thoughts
UK Yield Global Superioriy
by
Oct 25, 2013 13:55
As UK Q3 GDP growth rose 0.8% q/q, its highest level in 13 quarters, UK 10-year yields continue to outperform their counterparts in US, Canada, Germany, China and Switzerland since late August. Yield superiority in UK 10-year gilts relative to the rest of the world is nothing new as this had been the case during most of 2011, 2010, 2009, 2008 and 2007. Full charts & analysis here.
Click To Enlarge
Act | Exp | Prev | GMT |
---|---|---|---|
GDP (q/q) [P] | |||
0.8% | 0.8% | 0.7% | Oct 25 8:30 |
GDP (y/y) [P] | |||
1.5% | 1.5% | 1.3% | Oct 25 8:30 |
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