Walid Al Zarooni, Chairman of W Capital, Dubai-based real estate brokerage firm, maintained his position …
Read More »BOE optimism wilts in long-term debt as Brexit sparks rout
Bloomberg Long-term sterling bonds suggest investors are quickly losing confidence in the Bank of England’s (BOE) ability to support debt markets through the UK’s departure from the European Union. Holders have lost about 10 percent in as little as seven weeks on long-dated notes issued by Vodafone Group Plc, British American Tobacco Plc and WPP Plc. The bond sales …
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