Bank of England Sold Bonds Outright Today to Speed up QT, Will Sell More at Regular Auctions: First Major Central Bank to Sell Bonds Outright

by Wolf Richter, Wolf Street: It went fine. Gilt yields are way down from panic highs. Another dream of the “pivot” mongers goes to heck. The Bank of England today, as part of its quantitative tightening (QT), sold £750 million in UK government bonds (gilts) at auction. These bonds were part of the holdings the […]