Presenting the 10-year gilt, where the yield dipped below 3% on Monday morning.

And that’s record – well,  the first time it has happened since comparable records begain in 1958.

The recent price action…

And over the medium term

And finally the long term (or as far as our Reuters machine goes back).

Related Link:
QE drive on the M4 highway – FT Alphaville
BOE cuts rates 50bps, announces £75bn asset purchase programme – FT Alphaville

This entry was posted by Neil Hume on Monday, March 9th, 2009 at 9:17 and is filed under Capital markets. Tagged with 10-year gilt, bank of england, quantative easing. Edit this entry.