ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »UK bonds celebrate as spread to US widens to 15-yr high
Bloomberg U.K. bonds are closing the first half with a 12 percent gain, more than double what Treasuries have returned, on concern Britain’s decision to leave the European Union will drive the nation into recession. The extra yield 10-year Treasuries offer over same-maturity gilts widened to 57 basis points Wednesday, the biggest difference since December 2000. Yields plunged globally …
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