每日金融时报 30Sep2022 英语口语听力 附原文及实用单词短语

【今日单词】ideology /ˌʌɪdɪˈɒlədʒi/nouna system of ideas and ideals, especially one which forms the basis of economic or political theory and policy."the ideology of democracy"------------------------原文如下：The day in the marketsby  Joshua Oliver, Tommy Stubbington and Chris Flood(来自：The Financial Time 金融时报)What you need to know• UK bonds and sterling rebound after Bank of England ‘reassurance’• US Treasuries rally after 10-year yield reaches 4% for first time in 12 years• Wall Street’s S&P 500 ticks up and Europe stocks recover from early lossesUK government bonds rallied in their best day on record yesterday and sterling gained ground after the Bank of England intervened to calm turmoil in the gilt market.The central bank announced that it would buy long-dated gilts in light of the recent “significant repricing” of UK government debt.“Were dysfunction in this market to continue or worsen, there would be a material risk to UK financial stability,” the BoE said.Thirty-year gilt yields, which earlier yesterday touched a 20-year high of more than 5 per cent, fell to 3.94 per cent.The long-dated debt was on track to post the sharpest drop in yields for any single day on record, according to Tradeweb data.Yields on 10-year UK debt fell from 4.59 per cent to 4.01 per cent.US government debt also rallied following the BoE’s statement. The 10-year US Treasury yield fell to 3.76 per cent as investors bought the notes, having earlier pushed the yield higher than 4 per cent for the first time since 2010.Daniela Russell, head of UK rates strategy at HSBC, said the BoE move was the “reassurance the market was waiting for”, adding: “The announcement to suspend its programme to sell gilts and buy long-dated bonds is a big relief for the market and we are seeing that with the fall in yields and flattening of the curve.”Sterling gained 1.3 per cent to $1.087 following the BoE’s intervention but analysts warned that the relief would probably be shortlived.Adam Cole, head of FX strategy at RBC Capital Markets, said the BoE’s measures were being viewed as “something to address specific issues in the gilt market in the short term”.He added: “The underlying issues that have driven the pound down — the worsening deficits and apparent dominance of ideology over economics in fiscal policy — have not changed.”Equities rebounded following the central bank’s move. The FTSE 100 posted modest gains of about 0.3 per cent after being down 1.9 per cent earlier in the session.The pan-regional Stoxx Europe 600 gained 0.3 per cent, having pulled back from losses of 1.8 per cent.The S&P 500 ticked up 1.4 per cent, rebounding from losses on Tuesday when the index touched its lowest intraday level since November 2020. 

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