Bailey speech: UK experience on yield curve is not out of line with other markets

Testifying on the Financial Stability Report (FSR) before the Treasury Select Committee, in London, on Tuesday, Bank of England (BoE) Governor Andrew Bailey said that “the UK experience on yield curve is not out of line with other markets.”

Additional quotes

We have seen steeper yield curves, that is a global phenomenon.

Cause of steeper yield curve reflects greater uncertainty on trade policy.

Steeper yield curve also reflects uncertainty on fiscal policy.