UK equities are attempting a modest rebound after the recent bond rout, though gilt yields remain elevated and keep borrowing costs and mortgage pressure in play. A Bank of England
UK equities are attempting a modest rebound after the recent bond rout, though gilt yields remain elevated and keep borrowing costs and mortgage pressure in play. A Bank of England survey shows firms reporting smaller price rises with wage growth steady, a mix that could ease inflation worries while keeping pay pressures sticky. House price momentum has cooled to its slowest pace since December, leaving the market balancing relief on prices against lingering budget and rate uncertainty.
Sources
Ezbrisk weighs each event against the market reaction and publishes a verdict with an overreaction reading. How the methodology works