BOE buys just £1.025bn in emergency QE operation


Buying focused on July 2051 bonds, with about two-thirds of buying there.

That billion pounds has come a long way. At the height of covid-QE, the Fed was buying $300 billion a day.

You can see this in two ways: 1) They didn’t do much or 2) There weren’t as many forced sales as feared.

Of course, today’s massive long-term rally would have made people much more reluctant to ditch bonds.


cnbctv18-forexlive-benzinga

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button