BREAKING: Bank of England warns for ‘risk to UK financial stability’ as it expands emergency bond buying

The Bank of England announced this morning it will widen the scope of its daily gilt purchase operations also to include purchases of index-linked gilts. “This enhancement to our operations will be in effect from 11 October 2022 until 14 October 2022 alongside the Bank’s existing daily conventional gilt purchase auctions,” the Old Lady said [...]