This is the latest in my series of podcasts explaining how economics works in the credit crunch and now virus pandemic era. This week I give my thoughts on will we look back in a few months and discover that long-maturity gilts have been the star asset of the global investment universe.?
Why is the UK pumping up risky mortgage lending? Inflation often exhibits a ‘twin peaks’ pattern, so what trajectory can we expect now? As gilt futures drift further downward (91.1), are they the canary in the coal mine and if so, at what level does that canary drop off its perch?

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