RE: Not a bad start!26 Jan 2022 12:14
Wow I bet a lot of folks didn't expect such a rise and got burnt this morning.
As for int rates, it's interesting to note many banks have been raising their savings rates since last year at least. 5 yr fixed cash bonds are now over 1,6 for 2 yrs when you'd be hard pressed to find that for a five year not so long ago.
As for for negative rates. The Swiss, Japanese and Danish tried it. EU considered it. We hear nothing of it nowadays. One to watch though GLA