On one day back in late June 2016 when the UK voted for Brexit our 5 year swap rate fell by 7% to 2.32%. With a global flight from equity…
On one day back in late June 2016 when the UK voted for Brexit our 5 year swap rate fell by 7% to 2.32%. With a global flight from equity…
In response to the shock Brexit referendum our 5 year swap rate has collapsed by 7% to 2.32% today. This is the reference rate from which the 5 year fixed…
The 5 year swap rate has declined to 4.78%. This is down from 5.12% only 4 weeks ago and 5.03% last week. The swap rates are the cost to the banks of…