Bloomberg News

U.K. 10-Year Breakeven Rate Stays Little Changed After BOE Data

October 19, 2011

Oct. 19 (Bloomberg) -- U.K. 10-year breakeven rates stayed little changed after the Bank of England released the minutes of its Oct. 6 policy meeeting.

The measure of investor expectations for inflation over the duration of the secutity was at 269 basis points at 9:34 a.m. London time.

Central bank officials voted unanimously to expand the size of their asset-purchase program as strains related to Europe’s debt crisis created a “compelling” case to add to stimulus, minutes of the meeting showed today.

To contact the editor responsible for this story: Mark McCord at mmccord2@bloomberg.net


Tim Cook's Reboot
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus