What do you do for a living? analginas ir alkoholis The trend of rising rates is set to continue. Credit markets are difficult to stop once they start moving. Experts at JP Morgan Cazenove predict the yield on UK 10-year gilt rate will rise to 3.6pc within the next two years. So far this increase in government borrowing costs has not fed into the bank lending market. The London inter bank offered rate (Libor) is glued to the floor, but it is a brave man that bets against a rising tide. Martin Allen, analyst at Deutsche Bank, said: “We expect tapering of US quantitative easing over the next 12 months to reduce the liquidity in the global financial system on which property shares thrive.”
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