Reply To: Bank of England Raises Interest Rates 75bps to 3% in Biggest Rise in 30 Years

#45153
TradersCom
Keymaster

BoE on gilt buying:
– The move in gilt yields last week threatened to exceed the size of the cushion for many LDI funds.
– Had BoE not intervened large number of pooled LDI funds would have been left with negative net asset value