On the eve of Thursday's Monetary Policy Committee Bank of England, the market exerts a strong pressure on politicians so that they reconsider their opposition to raising rates earlier. December's short positions on sterling rose by another 3% higher this morning before the expected yield in 1.73%, rising to 35 points in just two weeks past. An interesting fact is that the growth of 75 items expected yield on the December short sterling positions at the end of October, in fact, accompanied by increased profitability desyatiletok in other words, the yield curve is actually shifted upward in parallel. Also interesting is that the ten-year expected return increased by 40 points over this period. Thus, the rising expectations of interest rates in Britain during this period are split equally between growth yield and inflationary expectations.Typically, such a rapid shift in expectations of interest rates should go to the benefit of the currency against other major currencies, and to some extent, this has helped, although there was a similar movement of profitability in Europe and the USA. Perhaps pound helps more than the euro or the dollar sense that monetary policy committee will be at the forefront of the changes. As we had expected for some time, it is likely that the Bank of England would raise rates this week. Yet retained a delicate balance, but the situation is very risky.
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