Saturday, 24 January 2009

Large fall in gilts.


Since 31.12.08 there have been some large falls in gilts.
Around 18% and that is to 23.1.09.
Are we going to get inflation and not deflation.
But the falls bring up some interesting puzzles.
The biggest drops are :
2.5% treasury -18.96%.
2.5% consolidated -18.66%
4.25%Treasury 2055-18.58%
3.5% Conversion - 18.55%

There are a couple of Index linked but it will take a couple of weeks to form a judgement.

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