A Gilt Edged Crisis

A made in UK fiscal crisis has led to sharp rises in gilt yields, with the BoE's buyer of last resort interventions disappointing those expecting more QE-type operations. The yield rises have permeated to Treasuries and other developed markets, with important cross-asset implications.Participants: Jason Daw (Desk Strategy), Head of North America Rates StrategyBlake Gwinn(Desk Strategy), Head of US Rates StrategyPeter Schaffrik (Desk Strategy), Head of UK/European Rates & EconomicsDaniel Rico (Desk Strategy), Latin America FX Strategist* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts