BOE Ignites Global Rally in Everything From Stocks to Bonds
- Bank of England ignites a global bounce from bonds to stocks
- Most-shorted stocks jump as bears forced to unwind big bets
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Another shock central bank move, another lockstep market reaction across Wall Street and beyond.
This time it was the Bank of England’s dramatic intervention in government bonds that took global traders by storm, underscoring how every asset remains at the mercy of monetary officials in crisis-fighting mode.