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by kennethh
1362 days ago
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This is basically QE, the Bank of England is printing money to buy the long duration bonds since no one else will buy them due to expectations of rate increases. Check out 30 years US bond TLT, https://finance.yahoo.com/quote/TLT?p=TLT&.tsrc=fin-srch which have gone from 150 to 100 in one year. |
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