UK DMO: Short-term political developments ‘don’t seem to have influenced gilt market levels at all’

The UK Debt Management Office’s (DMO) Chief Executive Stheeman is on the wires now, via Reuters, commenting on the impact of the ongoing political developments on the Gilt markets.

The UK DMO is the government’s executive agency responsible for carrying out government's wholesale sterling debt issuance.

Key Headlines:

Short-term political developments ‘don’t seem to have influenced Gilt market levels at all’

We have seen buying of Gilts on dips in the UK exchange rate

BOE monetary policy is a more important driver for Gilt yields versus bond issuance volumes