Bank of England intervenes in bond market after historic sell-off

Bank of England intervenes in bond market after historic sell-off

LONDON — The Bank of England will suspend the planned start of its gilt selling next week and begin temporarily buying long-dated bonds in order to calm the market chaos unleashed by the new government’s so-called mini-budget. Yields on U.K. government bonds, known as “gilts,” were on course for their sharpest monthly rise since at least 1957 […]

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