U.K. 10-Year Gilt Yield Drops to Record Low

The video discusses the impact of the EU referendum on the UK gilt market, highlighting the record low yields and the final gilt auction before the vote. It explores both global and domestic factors influencing the market, including the potential outcomes of a remain or leave vote. The transcript also covers the uncertainties surrounding Brexit, market pricing, and trader preparations, with a focus on how the Bank of England and financial markets might react.

What recent trend was observed in 10-year gilt yields?

• They remained stable.

• They reached a record high.

• They touched a record low.

• They increased significantly.

What is a key concern regarding the UK economy if a 'remain' vote occurs?

• The speed of economic recovery.

• The rise in unemployment.

• The increase in inflation rates.

• The stability of the housing market.

How might the Bank of England react to a Brexit vote?

• By reacting quickly to stabilize the market.

• By delaying any reaction.

• By lowering interest rates immediately.

• By increasing interest rates.

What is the estimated probability of Brexit according to the odds checker website?

• 50%

• 30%

• 70%

• 10%

How are traders preparing for the night of the referendum?

• By closing trading early.

• By relying solely on automated systems.

• By staffing desks overnight and using voice trading.

• By increasing electronic trading.