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31.10 - 14:23
Bank of England Further Expands Bond-Market Rescue to Restore U.K.’s Financial Stability
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LONDON—The Bank of England extended support targeted at pension funds for the second day in a row, the latest attempt to contain a bond-market selloff that has threatened U.K. financial stability.
The central bank on Tuesday said it would add inflation-linked government bonds to its program of long-dated bond purchases, after an attempt on Monday to help pension funds failed to calm markets.
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