RT @julianHjessop: FYI, the latest jump in #mortgage rates is not caused by the jump in the cost of government borrowing (gilt yields).

Instead, both are driven by a third factor - the increase in market expectations for the interest rate set by the #BankofEngland (reflected in 'swap rates')... 🤓

🐦🔗: https://n.respublicae.eu/john4brexit/status/1662103914789969927