VRA Weekly Update: Bank of England Warns of Negative Rates. What About in the US? VRA Market Update, 1995–2000 Clone?
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Good Thursday morning all. Breaking news this morning from the Bank of England, which stated flat-out “Banks should start preparations for negative rates, if needed”. My spidey senses tell me the BOE wouldn’t have made this statement…out of the blue…unless the odds of negative rates were not high.
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