Markets go large on UK Remain vote

UK Union Jack 230x150
By Craig McGlashan
23 Jun 2016

Market indicators suggest the UK will vote on Thursday to remain part of the European Union, with riskier assets outperforming safe haven instruments — meaning the public sector bond market could reopen next week.

US Treasury, Bund and Gilt yields rose on Thursday, while periphery eurozone bonds, along with equities, performed.

“Everything points to a high degree of confidence of 'Remain' pulling through,” said a head of SSA syndicate. “I’m surprised the market is so confident, as all the polling pointed ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial