Financial markets think UK rates will go negative
Sterling overnight index swap rates %
2
4
6
8
10
12
14
16
18
20
22
24
26
28
30
32
34
36
38
40
42
44
46
48
50
52
54
56
58
60
−0.12
−0.1
−0.08
−0.06
−0.04
−0.02
0
0.02
0.04
0.06
0.08
0.1
0.12
Months ahead
with negative
nominal rates
16 Sep 20