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British Bond Bloodbath Despite 'Softening' Brexit Sterling Bounce

It appears Theresa May's mild concession to the opposition to debate Brexit has done nothing to stop the selling in bonds as Gilt yields spike to Brexit levels despite a bounce in the pound. DAVIS: NO ONE WILL BE ABLE TO VETO BREXIT REFERENDUM RESULT Speaking in Parliament on Wednesday, May promised lawmakers would get to debate her negotiating strategy for Brexit. When asked explicitly during her weekly questions session whether there would be a vote, May refused to rule it in or out.
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British Bloodbath - UK Gilt Yields Spike Above 1% As Inflation Expectations Soar To 3 Year Highs

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The fallout from Theresa May's confirmation that the government will follow the will of the people continues. The flash-crash in cable overnight catalyzed just how bad this week was for the Brits. On the week, the pound fell more th...

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