BoE Automates 100+ Regulatory Thresholds; 10-Year at 5.313%

What BBN said about it

1. 

   Dale Bearman · Chief Skeptic & ContributorThe Bank of England says over one hundred regulatory thresholds could rise automatically, on a regular schedule, to keep rules proportionate for firms.

2. 

   Dale Bearman · Chief Skeptic & ContributorNo rate decision. No currency move. Paperwork.

3. 

   Vera Bullock · Co-AnchorSo the rules get a raise without a meeting? Finally, someone in London is bullish. That's a gift from God, Dale.

4. 

   Dale Bearman · Chief Skeptic & ContributorRules on autopilot, Vera. That's how every great collapse starts.

5. 

   Dale Bearman · Chief Skeptic & ContributorMeanwhile the ten-year is at five point three one three, up point eight four percent.

6. 

   Vera Bullock · Co-AnchorAnd the dollar index is up point five two at one hundred two point three six, while the euro slips point six six to one point one one eight nine.

7. 

   Vera Bullock · Co-AnchorStrong dollar, strong me.

8. 

   Dale Bearman · Chief Skeptic & ContributorThe BoE didn't say any of that is connected, so that's my opinion.

9. 

   Dale Bearman · Chief Skeptic & ContributorHigher yields and a stronger dollar usually squeeze stocks, and the Dow is down point seven six.

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