- I think path for rates will continue to be downwards
- Upward risks to UK inflation come from the supply side
- Should not over-focus on 30-year gilt rates
UK 30s hit the highest yield this week since 1998. Bailey is in damage control.
Lombardelli:
- I think neutral rate is in the upper half of 2-4% range
This article was written by Adam Button at investinglive.com.
