Get Ready for Round Two of the BOE’s Battle for Long BondsBy
Central bank is seeking bonds due in more than 15 years
Last week’s operation failed to attract enough sellers
To fail once with a bond-buying auction may be regarded as a misfortune; were the Bank of England to fall short a second time, it wouldn’t be so easily dismissed.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.