Posted To: Pipeline Press

My cat Myrtle never paid much attention to Brexit, up until recently a hopeless parliamentary quagmire. (“Brexistential fear”: An irrational fear that Brexit will lead to the end of the world as we know it.) Brexit no longer moves bond markets, nor Myrtle, and it now looks as if Britain will withdraw quite uneventfully from the European Union by this Friday’s deadline. What a difference a few months, and a strong Conservative majority in Parliament, make. Even though the final Brexit plan is set for imminent approval by European Union officials, in the coming months, British and European representatives still have to hash out a trade deal, which may prove just as difficult to negotiate, if not more so, as Brexit itself. But for now, hardly a ripple in the bond markets –…(read more)

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Source: Mortgage News Daily