
About this episode
The episode discusses the current economic situation in the UK, focusing on inflation, bond yields, and concerns about the economy's future.
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 . GB Investor and Politics Shaun, i ask you this a lot, do you think inflation in the UK is because there is too much demand? Morris May With the 5 yr at 4.62, 2yr at 4.57 and 52wk 4.48, which bond yield gives a better indication as to mortgage rates rises along with BoE rate rises, with markets now pricing in 3 x 25bps hikes this year. Richard St Ruth I am a bit worried about Britain’s economy over the next few years. I remember back in 1976, when Britain went to the IMF, gilt rates were very high. Five-year gilts were about 12% to 14%, while 10-year gilts were fractionally higher at 13% to 16%. If our economy goes pear-shaped, heaven forbid, we could go to 8% or more. Have you given any thought to gilts going higher? Julia Macfarlane Why are people not talking about this other than on twitter? I don’t fully understand how bonds work as I am economically dyslexic 😵💫 yet even I can tell something disastrous is unfolding. What’s going on!
People in this episode
Host: Notayesmanseconomics
Topics covered
- economics
- credit crunch
- inflation
- bond yields
- UK economy
- gilts
- pandemic
Keywords
- inflation
- UK economy
- bond yields
- gilts
- credit crunch
- pandemic
- IMF
Mentioned in this episode
Organizations: IMF
Places: UK
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