(Corrects name of author in second paragraph.)
Oct. 8 (Bloomberg) -- BNP Paribas SA said the Bank of England may need to buy about 100 billion pounds ($160 billion) of assets as part of a so-called quantitative easing plan to boost the economy.
“The fact that government bond yields are so low highlights a risk that asset purchases may have a smaller effect on yields than during the first phase of QE,” Alan Clarke, an economist at BNP Paribas in London, wrote in a research note today.
To contact the reporter on this story: Paul Dobson in London at email@example.com
To contact the editor responsible for this story: Daniel Tilles at firstname.lastname@example.org