Gilts turmoil continues as Truss backpedals and sacks Kwarteng

Frank Jackman

October 14, 2022 04:28 pm

British Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng visit Berkeley Modular, in Northfleet, Kent, Britain, September 23, 2022. REUTERS/Dylan Martinez/Pool

Brief rally fades, but signs suggest LDI investors have offloaded what they needed to

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

SSA Sterling Sterling crisis UK Sovereign Bank of England

FJ

Frank Jackman

Corporate Debt Editor

Related articles

SSA

Finland and Ico dive into week packed with central bank meetings

Upcoming rates decisions in four major economies create a fleeting issuance window

Addison Gong, October 27, 2025
Sovereigns

Rarity and quality help Sweden land right on top of US

Issuer adjusts execution strategy to price off swaps instead of Treasuries, outlines plans for 2026 funding

Addison Gong, October 24, 2025
SSA

NWB on avoiding oversubscription, duration needs and Aussie opportunities

◆ Choosing a window for three year euros ◆ Limited fast money interest was pleasing ◆ Aussie funding for euro issuer has improved

Sarah Ainsworth, October 24, 2025
SSA

World Bank's Dore on IBRD dollar and IDA euro transactions

◆ IBRD trying to 'push out duration' ◆ Timing of further dollar deals discussed ◆ Euro investors favoured 25 year over 30 year

Sarah Ainsworth, October 24, 2025
Leader

US government shutdown could bite harder than market thinks

Data-deprived markets should give the shutdown the attention it deserves

Addison Gong, October 23, 2025
SSA

Investors lap up SSA duration amid talk of French rotation

Further long-dated SSA issuance is expected to be limited given funding requirements

Sarah Ainsworth, October 23, 2025