Hints and tips:
Related Special Reports
...It does seem likely that without having something exciting happening [like the UK’s 2022 gilts crisis] you could have a slow grind to higher term premia.”...
...Additional reporting by George Hammond in San Francisco and Mary McDougall in London...
...Services output grew 0.1 per cent in February, while production — including manufacturing, utilities and mining — increased 1.1 per cent. Construction output fell 1.9 per cent....
...Excluding bonuses, annual growth slowed from 6.2 per cent to 6.1 per cent....
...Sterling also nudged lower, falling 0.2 per cent against the dollar at $1.2696....
...However, NS&I does not allow individual investors to buy tradable assets like gilts....
...It is expected to keep rates on hold when it announces its decision on March 20....
...The federal deficit stood at $1.7tn last year....
...Sterling extended earlier gains, rising 0.7 per cent to $1.2702 after the Bank of England kept interest rates at 5.25 per cent for a third time in a row....
...Traders are pricing 1.04 percentage points of cuts in 2024, down from 1.24 percentage points earlier on Wednesday....
...The grooming staple I’m never without is Terre d’Hermès, which I was first gifted by South African art dealer Michael Stevenson in my late 20s....
...Treasury insiders say the UK chancellor is looking at “further spending restraint” after 2025, if official forecasts suggest he does not have enough fiscal headroom to pay for “smart tax cuts”....
...Maupin built out not just Mary Ann (who, strangely, does not appear in the new novel) but a broad cast of humane, spiky characters it was impossible not to fall in love with — not least as they struggled...
...On Friday, Goldman Sachs raised its forecast for sterling, predicting it will trade at $1.30 in six months time, up from a previous prediction of $1.20....
...Legal costs should be transparent and, where appropriate, capped (currently, English libel cases can cost up to 20 times what they do in Europe)....
...How does the tax treatment work?There can be tax advantages for buyers of both index-linked and conventional gilts....
...Geoff Yu, foreign exchange strategist at BNY Mellon, custodian to $46tn of assets, said that over the past 20 days the firm’s custody clients “have been selling dollars at the fastest pace this year”, with...
...The currency has risen by around 8 per cent in November to 3.74 shekels per dollar on Friday, more than reversing a fall of nearly 6 per cent in the first 20 days of the conflict when investors took fright...
...Mary McDougall...
...The odds of a rise by December are around 20 per cent....
...An iShares ETF which owns Treasuries with a maturity date of 20 years or longer is down by 12.9 per cent this year....
...What does pilgrimage look like in 21st-century Britain?...
...The sisters were still only 20 years old....
...Prime Minister Fumio Kishida has also pledged to raise minimum wages from ¥1,000 an hour to ¥1,500 by the mid-2030s....
International Edition