Jefferies Says Short-Dated Gilts Look Attractive as BOE Rate Bets Seem Overdone
Jefferies' Mohit Kumar says markets fully price in two Bank of England rate rises by mid-2027 and possibly a third by year-end.
Short-dated U.K. government bonds, or gilts, look favorable at current prices as markets seem to be overestimating future interest-rate rises by the Bank of England, Jefferies' Mohit Kumar says in a note. Markets fully price in two BOE rate rises by mid-2027, and a possible third one by the end of…