BoE Announces New Bond Buying Program, Sterling Stutters Then Slumps

GBP/USD and Gilts – Prices, Charts, and Analysis BoE to buy longer-dated gilts. UK long-dated bonds rally sharply. Sterling is under pressure. Recommended by Nick Cawley Download our Q3 GBP Forecast The Bank of England today announced that it start a new, temporary program to buy long-dated gilts to stem the recent heavy sell-off in …

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