Comment from Rupert Thompson, Chief Investment Officer at Kingswood, on how bonds rather than equities were the centre of attention. 10-year US Treasury yields jumped 0.35% to 2.50%, while 10-year UK gilt yields increased 0.20% to 1.67%.
The European Central Bank (ECB) and Narodowy Bank Polski have agreed to set up a precautionary swap line to provide euro liquidity to financial institutions in Poland.
The European Central Bank (ECB) today updated its policies outlining how it exercises options and discretions when supervising banks, following a public consultation which ended on 30 August 2021.