UK mortgages, and the bank lending blame game
Is Bob Diamond — currently under the kosh at the UK Treasury Select Committee at pixel time — getting the wrong end of the stick? At least in terms of Barclays’...
The privatisation of liquidity ops
FT Alphaville has been researching the issue of so-called ‘liquidity transfers’ ever since we first came across the matter in Life & Pension Risk in October.As...
Gilts, bashed
In a way, you sort of have to give gilts credit for hanging on to the anchor even as HMS QE2 sails out of reach, out of the harbour, into the distance, based on stronger UK GDP data....
So long SLS, and thanks for all the liquidity
Here’s Paul Fisher waving a curt Bank of England farewell to the Special Liquidity Scheme it started back in 2008.From a Thursday speech by the Monetary Policy Committee member:...
