The FTSE 100 rebounded to its best performance since 2011, with Bloomberg noting “the lesson investors are taking away is that there’s no problem central banks can’t fix.” Bank of England Governor Mark Carney said “some monetary-policy easing will likely be needed over the summer,” in a televised statement on Thursday spurring bets that a rate cut was in the works and quelling the GBP’s rally. He also slammed critics who said he’d “overstepped the line” in warning of the economic fallout of Brexit. “What we said in terms of the risks to the economic outlook, in terms of the risks to financial stability — does anyone in this room not think that those risks have begun to manifest?”

Yields on US 10- and 30-year treasuries hit record lowsover the weekend as bonds surged the world over. Spanish yields didn’t fare much better, but Italian bonds rose. Meanwhile, Bloomberg reports the European Central Bank is weighing out changing rules of its asset-purchase program as Brexit depletes the asset pool.