The rolling 5-day moves in 5-year UK gilts has been the largest in data going back to 1979, showing the magnitude of the recent moves, h/t Jim Reid at Deutsche Bank.
The 34 largest Western European banks grew their combined net interest income by over 10% during H1 2022, helped by rising loan volumes and higher net interest margins as they raised lending rates faster than deposit rates. 👉 See our banking events:
Someone is sitting in the shade today because someone planted a tree a long time ago… 39 Years ago you planted a seed of which I reap all the benefits today… Happy 69’th Birthday up there J.G. She’s such a blessing, thank you… 🙏🏼 🥃