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that the investors are betting dollars on who would raise it first, britain or united states. explaining what s going on, income specialist. i ve seen one, $200 billion when the fed moved its interest rates. and the kind of figures that we re looking at in terms of these money market bets, are they out of the usual? not given the volatility of the backdrop, and, of course, you have to bear in mind, some of those flows are hen quinn hedging flows for for mortgage providers who need to hedge their books. their needs increase. you put your finger on it, there say lot of uncertainty when rates go up. when that happens, markets do tend to be more active. it sounds like a no-brainer as far as the uk is concerned. you just mentioned that inflation has doubled the

Whats going onIncome specialistInterest ratesFederal reserveMoney market bets200 billion00 billionMortgage providersNeeds increaseThen quinnNo brainer