Global Markets Analyst_ UK Real Rates — Backcast To The Future

更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 Global Markets Analyst UK Real Rates — Backcast To The Future UK Real Rates — Backcast To The Future UK real rates, measured by inflation-indexed Gilt yields, are at or near decadal highs following a significant increase through 2021-2023. The UK was one of the earliest adopters of inflation-indexed bonds, and so already has a long timeseries of ex ante (traded) real rates, dating back to the early 1980s. We use this time series to backcast real yields, drawing on an approach by ...