Investors increase bets on Bank of England interest rate hikes

16 articles · Updated · Reuters · Apr 29

Interest rate futures now price 75 basis points of hikes by December, up from 63 bps, with a first hike fully expected in July.
Oil prices surged as the US extended its blockade of Iranian ports and President Trump rejected an Iranian Strait of Hormuz proposal, pushing UK gilt yields to multi-year highs.
The Bank of England is expected to keep rates on hold tomorrow, but market volatility reflects concerns over the Iran war’s economic impact and global fixed income market reactions.

Could a sudden diplomatic breakthrough in Iran cause a catastrophic reversal for markets betting on high inflation?

With stagflation looming, can the Bank of England fight inflation without triggering a deep UK recession?

As the Hormuz blockade disrupts 20% of global oil, what is the true breaking point for the world economy?

With bond yields at multi-decade highs, are UK homeowners facing an unavoidable mortgage crisis?

Does this crisis prove that monetary policy is powerless against fossil fuel dependency and its geopolitical risks?

Beyond oil, which industries face permanent disruption from the reshaping of global supply chains caused by the conflict?