UK 10 year gilts update - 30 October 2024
You will come across specific terms in these notes (FLD, VTL, and so on). Rather than explain them each time, you will find definitions here: guidance notes for Hurst cycles terminology.
UK 10 year gilts - post UK budget price still expanding towards the next 40 day cycle peak.
Updating the 23 October update post the Rachel Reeves UK Budget announcement. You can read about this in the news, as an Englishman I will refrain from commenting, it might be over-colourful. The 18 October low could well have been a 54 month cycle trough (see the initiation note of 16 October) and price has continued to lift well.
