Forex
Bank of England Ditches 20-Year Gilt Sales Amid Strategy Shift
The Bank of England has announced that it will stop selling 20- and 30-year gilts, according to reports from the Telegraph. This move is part of a broader effort by the central bank to adjust its gilt sales strategy.
No specific details were provided on why this change is being made or how it will impact investors. The Bank of England has been selling gilts as part of its quantitative easing program, which aims to inject liquidity into the economy during times of stress.