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View Full Version : UK Gilts Slide After BOE Holds QE, Rates; Pound Gains - Bloomberg



NewsWhore
05-10-2012, 07:30 AM
UK Gilts Slide After BOE Holds QE, Rates; Pound Gains (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEr9_5hx27qxrI4ncc0cK-3KEglIg&url=http://www.bloomberg.com/news/2012-05-10/u-k-gilts-slide-after-boe-holds-qe-rates-pound-gains.html)
Bloomberg
“You might see a slight rally in sterling, but not that much, as the market is already long, versus both the euro and the dollar,” Chris Walker, a currency strategist at UBS AG in London, said before the announcement. “It's quite a crowded trade.

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