I am puzzled by one thing the hon. Gentleman said, given the powerful case that he is making about the problems in the public finances. Why does he think that the bond market, which is far deeper and more liquid than the credit default swap market, has seen a 0.5 per cent. fall in the 10-year bond yield over the past month? Is that market getting it wrong where the credit default swap market is getting it right?
Pre-Budget Report
Proceeding contribution from
Chris Huhne
(Liberal Democrat)
in the House of Commons on Wednesday, 26 November 2008.
It occurred during Emergency debate on Pre-Budget Report.
Type
Proceeding contribution
Reference
483 c788
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2023-12-15 23:17:40 +0000
URI
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