Bank launches emergency intervention in markets after Kwarteng mini-budget - short news
Bank of England will start buying long-dated UK government bonds, starting on Thursday
The Bank of England has announced it will intervene in the financial markets in response to the meltdown after Kwasi Kwarteng’s mini-budget.
Threadneedle Street said it would begin buying long-dated UK government bonds starting on Thursday in an attempt to stabilise the market.Continue reading...
source: The Guardian - 28.09.2022