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

Por: CNBC Business September 28, 2022

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Andrew Bailey, governor of the Bank of England, has said the global economic outlook has deteriorated materially after surging commodity prices pushed up inflation around the world.Bloomberg Bloomberg Getty ImagesLONDON — The 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.U.K. gilt yields... + full article



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