JPMorgan Asset Says Very Hard to See Meaningful Rise in Gilt Yields

The transcript discusses the impact of Brexit negotiations on the UK economy, focusing on the pound's drop and gilt yields. It highlights Parliament's vote against a no-deal Brexit and the EU's willingness to extend the timeline. The economic consequences of Brexit delays are examined, including investment and talent relocation. The discussion also covers factors affecting gilt yields, such as global economic conditions and central bank policies. The Bank of England's position on inflation and labor market pressures is addressed, considering the risks of a negative Brexit outcome.

What does the Bank of England's calculation reveal about the economic impact of Brexit?

How are global economic factors influencing gilt yields in the context of Brexit?