City braced for end of £65bn Bank of England bond market package

City braced for end of £65bn Bank of England bond market package

City A.M.

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The City is bracing for the Bank of England to pull its £65bn emergency support package for the bond market tomorrow, but experts said volatility could be tamed by existing backstops supporting the pensions industry. Britain’s debt market has been rocked by concerns over the government’s financial credibility after it launched £43bn of tax cuts [...]

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