Markets React To BOE’s Announcement Of More QE: Yields, Sterling Plunge; Gold Spikes
by Tyler Durden
ZeroHedge.com
Jun 30, 2016
With BoE’s Carney hinting at moar easing over the summer, cable is diving (plunging back down to a 1.32 handle) and UK Gilt yields plunged to new record lows at 87bps…
However, while banks initially jumped (by index buying), they are dumping now as rates collapse and flatten – none more important than Deutsche..
The Rest…HERE
