BOE's Ramsden: Rising yields reflect good news on economy

Author: Adam Button | Category: Central Banks

Comments from the MPC member

  • Pick-up in gilt yields is a corollary of more positive news in economy, not inflation worry
  • There will be a high bar to unwinding UK monetary easing
  • We do keep a close eye on markets, there has been volatility in recent days
  • Gilt market pricing is orderly as of now
  • I see market moves as a reflation trade, not an inflation trade
  • Reflation trade is driven by US
The bond market is much more orderly today.

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