Bank of England restarts QE as rising bond yields cause pension funds to become insolvent

[1srelluc]

"U.K. gilt yields fell back from their highest in 14 years after the Bank of England said it would buy bonds at "whatever scale is necessary" to restore orderly market conditions."

Gilt yields plunge after Bank of England steps in to buy at ‘whatever scale is necessary’

Attached File

Printing money into 10% inflation.....Jeez.

 

[JGalt]

"U.K. gilt yields fell back from their highest in 14 years after the Bank of England said it would buy bonds at "whatever scale is necessary" to restore orderly market conditions."

Gilt yields plunge after Bank of England steps in to buy at ‘whatever scale is necessary’

Attached File

Printing money into 10% inflation.....Jeez.

Those Limeys are about as economically-stupid as we are.

 

[johngaltshrugged]