Why the fuck isn't the UK stock market following the UK 10Y bond into hell?1/2
>>593035272/2
>>59303527Almost all of the FTSE 100 index is multinational corporations and are therefor not that affected by the economy in the UK.. Take Shell for instance, why would the US bond market matter that much to them? most of their business is done in foreign currency anyway - including bonds they hold and bonds they have issued..
>>59303553UK bond Vs UK stocks L2read pls anon.Doesn't the UK bond market dying off signal bad economic times ahead?
>>59303527UK economy will collapse soon. Especially under labor's leadership.
>>59303591Isnt it the other way round? Bond market not being bought means no one wants gilts, because they want equitiies instead. Gilt yields rising = bad times because govt. has to offer more for their loans