Similar Stories to London Markets: Pound And Gilt Yields Inch Higher As Bank Of England Says It Will Slow Bond Purchase Rate on Bing News

The pound wobbled and the yield on short-term U.K. bonds edged higher on Thursday, after the Bank of England said the pace of continuing government bond purchases can be "slowed somewhat."

Topics:  u.k    bank   england   pound   higher   slow   bond purchase   
BING NEWS:
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    05/9/2024 - 2:10 am | View Link
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    The U.K.’s central bank left its key rate at 5.25% but indicated it could lower it in the coming months—possibly as early as June.
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