Aug
03
JPMorgan Tells Treasuries Traders Not to Forget Bank of England
ByFor Treasuries traders focused on Friday’s U.S. jobs data, JPMorgan Chase & Co. has a word of caution: Don’t forget the Bank of England.
Treasuries could rally with gilts Thursday, when the U.K. monetary authority is forecast to expand stimulus to stem the fallout from the country’s decision to leave the European Union, according to the Wall Street firm. U.S. bonds are on track for only their second weekly loss since late May as Japan leads a global debt selloff on speculation policy makers there are running out of easing options…
JPMorgan Tells Treasuries Traders Not to Forget Bank of England
