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This is where we really see the huge hole left by KKKs tenth sabbatical for being a Titty babby
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Every time bonds gets mentioned all I can imagine is KKK or Proth explaining to us dummies like this https://www.instagram.com/reel/DM8aRzMov...OXU4cmo5Mw==
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I just can’t escape the feeling of the “stopped clock” when someone eventually gets something right
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I wish this would all hurry up now to be honest - i've been buckled up for nearly two years now
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(09-01-2025, 06:27 PM)baggy1 Wrote: I wish this would all hurry up now to be honest - i've been buckled up for nearly two years now

And bond yields have been moving in an inverse direction to interest rates during that time. Debt Interest is already costing over £100bn per annum, the government is paying the BoE over £20bn per annum to cover losses on QE.

Given how much many of you (and I) were losing our shit over this when Truss was in power (and the 30 year rate was lower), I'm surprised you're all so sanguine. I wonder what happened?
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(09-01-2025, 06:21 PM)tHEgLASSdOORS Wrote: I just can’t escape the feeling of the “stopped clock” when someone eventually gets something right

Even gold came good eventually
Would rather talk to ChatGPT
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I fully expect a descendant in 2267 to be left with instructions to outline when Brexit comes good to those who doubted
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(09-01-2025, 06:38 PM)Protheroe Wrote:
(09-01-2025, 06:27 PM)baggy1 Wrote: I wish this would all hurry up now to be honest - i've been buckled up for nearly two years now

And bond yields have been moving in an inverse direction to interest rates during that time. Debt Interest is already costing over £100bn per annum, the government is paying the BoE over £20bn per annum to cover losses on QE.

Given how much many of you (and I) were losing our shit over this when Truss was in power (and the 30 year rate was lower), I'm surprised you're all so sanguine. I wonder what happened?

Hold on, you started out by saying Starmer appointing an advisor had caused panic in the markets, you then stretched that out to ‘well it’s been bad for 12 months’ and now we’re back to ‘as bad as when truss was in’ - are we working our way back to blame Foot again?
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I didn't, I said "meanwhile" - I didn't link the two things, you did. And by "it" I meant the the bond market wasn't happy about coming back from the summer holiday and seeing the utter state of the UK finances. Which it isn't.
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“And isn’t happy about it” directly after talking about ‘it’.
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