Category: UK Debt
The analysis published under this category are as follows.
Friday, May 07, 2010
UK Government Bond Gilts, the Election and the Euro zone / Interest-Rates / UK Debt
By: Seven_Days_Ahead
(Written BEFORE the Elelction)The Macro Trader’s view:
Today the UK votes in the closest fought General election campaign in living memory. With a hung Parliament still looking the most likely outcome, at least according to the opinion polls, we look at how the Gilt might react once the results are known.
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Friday, April 16, 2010
Britain's Accelerating Trend Towards High Inflation and Debt Default Bankruptcy / News_Letter / UK Debt
By: Newsletter
The Market Oracle NewsletterApril 13th, 2010 Issue #22 Vol. 4
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Friday, April 16, 2010
The Bear Potential of UK Government Bonds Gilts / Interest-Rates / UK Debt
By: Seven_Days_Ahead
We have been and remain strong bears of the US TNote. But the immediate election notwithstanding, the UK Gilts too appear to be setting themselves up nicely for the bears…
Tuesday, April 13, 2010
Britain's Accelerating Trend Towards High Inflation and UK Debt Default Bankruptcy / Economics / UK Debt
By: Nadeem_Walayat
Whilst politicians of all the major parties during the general election campaign continue to ignore the giant debt elephant in the room as the general public continue to prefer to be deluded into thinking that Britain can skip the debt crisis that faces the country as a consequence of Greecesk levels of annual deficits and foreign liabilities that have pushed Britain significantly along the path towards hyperinflation and bankruptcy (debt default to foreigners), as many of the trend projections concerning the looming debt mountain, banking and public sector's liability expectations made in November 2008 (Bankrupt Britain Trending Towards Hyper-Inflation?) have come to pass, against which NOTHING has been done or stated will be done to prevent ultimate national bankruptcy as warned of in November 2008.
Friday, March 05, 2010
Brits Pounded As Debts and Deficits Hit Home. Next the U.S. / Interest-Rates / UK Debt
By: Mike_Larson
Boy are things getting ugly in the U.K. The British currency, the pound, is getting crushed. The price of long-term British debt securities, called gilts, is heading down. And the cost of default insurance on the country’s debt is rising steadily.
My takeaway: This is but a preview of what’s to come here in the U.S.
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Friday, January 22, 2010
UK Government Bonds, Gilts Rebound / Interest-Rates / UK Debt
By: Seven_Days_Ahead
We started the New Year bearish of bonds as we judged the global economic recovery looked on track and although a slow recovery was still expected, traders seemed confident enough to turn their attention to the debt build up in the major developed economies.
This had the effect of hitting many major sovereign bond markets hard in the early days of January. Of course, the bear move had begun over the Christmas and New Year Holiday period, but it wasn’t until the New trading year had began that we judged the move was more than Year End activity.
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Thursday, January 21, 2010
UK Public Spending Deficit Debt that Risks Bankrupting Britain / Economics / UK Debt
By: Nadeem_Walayat
The government is set to spend an estimated £680 billion this financial year on the public sector (2009-10), that is currently running an ANNUAL £180 billion deficit, i.e. the government spends £180 billion a YEAR more than it earns which is contributing to towards igniting Britains inflationary debt spiral, that risks accelerating trend towards an hyper inflationary bust leaving savers with worthless paper and the economy in ruins.
Friday, January 08, 2010
UK Government Gilt Bond Selling is Spirited, Buying is Muted / Interest-Rates / UK Debt
By: Seven_Days_Ahead
The Technical Trader’s view:
Tuesday, December 29, 2009
Budget Deficit Cutting Solutions to Britain's Debt Crisis / Economics / UK Debt
By: Nadeem_Walayat
This article is part of in-depth analysis that will conclude in a forecast for the UK economy for 2010 and 2011 and which follows the completion of the forecast for UK CPI inflation 2010 , which will be followed by the UK interest rate forecast for 2010 later this week. The whole scenario and implications of will be published as an ebook that I will make available for FREE, ensure you are subscribed to my always free newsletter to get the completed scenario in your email box and check current analysis at http://www.walayatstreet.com.
Friday, December 18, 2009
UK Government Bonds, Gilts On Edge of Bear Market Triggers / Interest-Rates / UK Debt
By: Seven_Days_Ahead
The Technical Trader’s view:
Wednesday, December 09, 2009
All Eyes Down for a UK Credit Debt Default / Economics / UK Debt
By: Adrian_Ash
Another small social pleasure done to death by the socialists...
WHAT BETTER WAY to mark New Labour's last budget in power than by granting a tax cut on bingo...?
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Tuesday, December 08, 2009
Bankrupting Britain's AAA Credit Rating at Risk / Interest-Rates / UK Debt
By: Nadeem_Walayat
The credit ratings agency Moody's in late as usual move woke up to the fact that Britain's public sector net debt looks set to mushroom to more than 100% of GDP and therefore threatens Britain's AAA credit rating status, which currently stands at AAA "resilient" below that of AAA "resistant" as enjoyed by the likes of Germany and France. Especially as Britain lags virtually all other major economies in terms of economic recovery.
Friday, December 04, 2009
Britain's Inflationary Debt Spiral / News_Letter / UK Debt
By: NewsLetter
The Market Oracle Newsletter December 3rd, 2009 Issue #90 Vol. 3Read full article... Read full article...
Thursday, December 03, 2009
Britain's Inflationary Debt Spiral as Bank of England Keeps Expanding Quantitative Easing / Economics / UK Debt
By: Nadeem_Walayat
Over the coming years we will witness the systematic destruction of the British currency as witnessed through the inflation and commodity / asset price data as the Inflation Mega-trend starts to unfold following the asset price destruction induced Deflation of 2008 into early 2009.
Tuesday, December 01, 2009
Morgan Stanley on UK Sovereign Debt/ Currency Potential Risks for 2010 / Economics / UK Debt
By: Trader_Mark
As investors quickly forget about Dubai, and shield their eyes (apparently using now almost limitless US dollars or Japanese yen) from any potential sovereign road bumps ahead [Nov 27, 2009: UK Telegraph - Greece Tests the Limits of Sovereign Debt as it Grinds Toward Slump] Morgan Stanely (MS) Europe is out with an interesting report for 2010 that highlights some "fat tail" risks, one of which is: UK becomes the first of the G10 to have a major fiscal crisis as elections lead to a hung parliament.
Thursday, November 19, 2009
UK Budget Deficit Could Hit £200 Billion, 18% of GDP / Economics / UK Debt
By: Nadeem_Walayat
The public sector net borrowing requirement (PSBR), which is the deficit between government revenues and expenditure for October came in at £11.4 billion (£0 Oct 2008), the worst October since records began which surprised mainstream academic economist projections for the month of between £4-7 billion which compares against my own projection of £12 billion. The deficit for 2009/10 now totals £86.9 billion which on face value is inline with the the Governments target of £175 billion by the end of the current financial year.
Wednesday, October 28, 2009
Bankrupt Britain, A Short History / Economics / UK Debt
By: Adrian_Ash
"If we manage to escape national bankruptcy, we have set up a slavery far more oppressive than any previous form of bondage..."
BRITAIN'S BANKRUPTCY has been a long time coming.
"By our political folly we have a put a large part, probably the greater part, of the nation in possession of rights to draw from the public purse," wrote Ernest J.P.Benn in his hilarious Account Rendered of 1930.
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Sunday, October 11, 2009
Gordon Brown Announces British Public Assets Fire Sale / ElectionOracle / UK Debt
By: Nadeem_Walayat
Gordon Brown hell bent on going out with a financial bang announces a fire sale of British assets to the tune of £16 billion in exchange for a short pause (1 month?) to the size of the growing debt mountain rather than seek to cut public spending in an election year.
Wednesday, October 07, 2009
Conservative £7 Billion Spending Cuts a Drop in Britain's Debt Ocean / Economics / UK Debt
By: Nadeem_Walayat
Shadow Chancellor George Osbourne announced net public sector spending and budget cuts totaling £7 billion at the Conservative party conference. However the proposed cuts are but a mere drop in the debt ocean that on their own do not amount to anything of real significance when one compares to an annual budget deficit that is expected to break above £200 billion this fiscal year.
Friday, October 02, 2009
UK Treasury Bond Market, Surging Gilts Sleep Walking Toward Edge of a Cliff / Interest-Rates / UK Debt
By: Seven_Days_Ahead
The Gilt has remained well-supported over recent months despite some of the worst public sector borrowing data ever seen, and certainly in peace time. In recent days it has begun to surge -in line with or even better than other bond markets What then, as we have asked before, keeps this market up?