Bank of England measures and Government policy management
QT Tantrum – Bank of England u-turn to buy gilts shows its aim of £80billion gilt sales is unrealistic and likely to be far worse than 2013 US taper tantrum. Bank of England had to step in as UK pension fund margin calls – on top of international investor selling – meant there were no buyers. The QE experiment has left a dangerous legacy across the Western world, but the UK has suffered most due to collapsing international confidence about…