UK 10-y Bond Auction increase to 2.15% from 1.9%

A look across the mornings institutional research shows a particular shift in themes. Europe and Japan are out, New Zealand is making up the numbers and the UK and US are in primary focus. With the BoE looking like it is gearing up for further easing at a time where the Fed is toying with the idea of taking some measures off the table, its is easy to see where recent moves have originated, as markets look to discount probable future events.