Markets React To BOE’s Announcement Of More QE: Yields, Sterling Plunge; Gold Spikes

Thursday, June 30, 2016
By Paul Martin

by Tyler Durden
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

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