Unlocking Treasury 2061: The Hidden Fortune That Could Rewrite Financial History—Are You Ready to Discover the Truth?
Instead, they’re turning out to be a losing bet. The notes have plunged, wiping out more than half their value since 2022, in a selloff across longer-dated notes that’s been fueled by concerns over government spending. At a time when “buying the dip” is paying off for stock traders, the UK’s 2061s stand as a reminder that it can also be a treacherous game.
“People are still holding onto the position hoping that it will work,” said Megum Muhic, an interest rate strategist at RBC Capital Markets, calling it “the most talked about bond” in the City.
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