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The U.K. Is Buying Bonds Again. Why That’s Setting Off Global Alarm Bells.

Por: MarketWatch Business October 01, 2022

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The , or gilts, to purchase 65 billion pounds of the securities to stanch a meltdown in the market. That marked a stunning reversal from its policy of reducing its bond holdings, a process dubbed quantitative tightening, which is being followed by most of its counterparts, notably the Federal Reserve and European Central Bank. , the new government’s huge debt-funded tax cuts sent the pound plunging to a record low, just a few pennies above... + full article



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