Sunday, April 13, 2025

They're calling the 10Y at 4.5% the moron premium because everyone hates Trump and his tariffs, but I don't remember it being called the 5% dotard premium under Joe Biden

People need to get a grip.

Blaming hapless Liz Truss' two-months as PM in September and October 2022 for the UK's high interest rates pretends that the Bank of England didn't raise interest rates in response to inflation same as the US Federal Reserve Bank.

This trashy headline belongs in The Daily Star, not the UK Telegraph. No wonder they're trying to sell you a 1-year subscription for only 29 pounds.