Market Comment | Bond yields increase amid positive Q3 UK GDP growth
Published on Thursday, October 27, 2016
Market Comment | Bond yields increase amid positive Q3 UK GDP growth
Summary
Better-than-expected GDP growth in Q3 2016 in the UK (+0.5% QoQ, consensus +0.3% QoQ) confirmed that the UK economy slowed only slightly after the Brexit referendum. The slowdown from the previous quarter was driven mainly by the deterioration in industrial production, partly offset by the increase in services. Nonetheless, despite the strong resilience shown by […]
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BBVA Research
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