InvestIdeas

Big news: hearing from several sources in the UK that some pension funds are quickly becoming insolvent due to huge margin calls they can’t meet.

The massive move in 30y UK swaps and bonds coupled with risk assets tanking behind the problem. That “explains” the BoE action.

https://mobile.twitter.com/MacroAlf/sta ... 4986036225


Bank of England intervenes in bond market after massive sell-off

https://www.cnbc.com/2022/09/28/bank-of ... ogram.html

A Banking Crisis Looms
https://www.zerohedge.com/economics/ban ... isis-looms

Bank of England strengthens emergency stimulus to help ease market turmoil
https://www.cnbc.com/2022/10/10/bank-of ... ssues.html

Seems like we are going to have a crisis again...

British 10 Year Gilt{ 4.415%
https://www.cnbc.com/quotes/UK10Y-GB

Bank of England says it's increasing daily gilt purchases limit up to £10bn (from £5bn before). 30yr gilt yield responds by rising above 4.5% - highest level since BoE intervened in markets last month
https://mobile.twitter.com/Chris_Whitta ... 5993664512

behappyalways wrote:A good watch
Liquidity Spiral In The Bond Market Is Causing "Tremendous Stress" | Jim Bianco
https://m.youtube.com/watch?v=7VEoAJ8BB00

BoE's New Support Plan Fails As UK Gilt Yields Explode Higher
https://www.zerohedge.com/markets/its-e ... ond-market

Bank of England intervenes in bond markets again, warns of ‘material risk’ to UK financial stability
https://www.cnbc.com/2022/10/11/bank-of ... ility.html

BoE's Bailey Sparks Market Chaos With Pension Fund Threat
https://www.zerohedge.com/markets/boes- ... und-threat

behappyalways wrote:Seems like we are going to have a crisis again...

British 10 Year Gilt{ 4.415%
https://www.cnbc.com/quotes/UK10Y-GB

Bank of England says it's increasing daily gilt purchases limit up to £10bn (from £5bn before). 30yr gilt yield responds by rising above 4.5% - highest level since BoE intervened in markets last month
https://mobile.twitter.com/Chris_Whitta ... 5993664512

behappyalways wrote:A good watch
Liquidity Spiral In The Bond Market Is Causing "Tremendous Stress" | Jim Bianco
https://m.youtube.com/watch?v=7VEoAJ8BB00

BOE: 5.10am vs 5.41am

https://mobile.twitter.com/SamCoatesSky ... 6377836545

BoE Privately Signals to Lenders It Is Prepared to Extend Bond-buying Program: Report

Bank of England (BoE) has privately pledged to financial institutions that it will extend the emergency bond-purchasing program to beyond this Friday's (14th) deadline, if market conditions warranted it, reported Financial Times, citing sources.

Related News: UK Stock, Bond Mkts Lose GBP300B in Truss's 1st Mth as PM

Source: AAStocks Financial News

http://www.aastocks.com/en/stocks/news/ ... r-news/HK6

Playing chicken....interesting....who will blink...

Bank of England confirms end to bond buying program Friday
https://m.youtube.com/watch?v=DXjNyVXy8lk

Arguably the biggest round trip in the shortest period of time in over 200 years of Gilt trading in the UK.
*UK 30-YEAR YIELD RISES TO 5%, FIRST TIME SINCE BOE INTERVENTION
And BoE head Andrew Bailey said y'day that the central bank support for this market will end in two days.
https://mobile.twitter.com/biancoresear ... 8977550337

UK LDI Pension managers today
https://mobile.twitter.com/biancoresear ... 5782916096