Bank of England pauses gilt sales in QT overhaul, sparking bond rally

The Bank of England has paused gilt sales as part of an overhaul of quantitative tightening, easing bond-market pressure and driving a gilt rally. The plan, previously reported as unconfirmed, includes cutting £368bn of gilt stock by end-2034 and pausing APF gilt auctions until April 2027.

Detected & updated continuously · Source: Nebula