The Bank of England is doing something for the first time in its history. It bought just under a trillion pounds worth of UK government debt and now it has to get rid of them in a process called Quantitative Tightening. Unfortunately, it has decided to sell these bonds to speed up the process rather than wait until the bonds mature. In this video, I’ll look at the consequences of that decision and why I think it is a mistake.
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All information is given for educational purposes and is not financial advice. Ramin does not provide recommendations and is not responsible for investment actions taken by viewers. Figures that are quoted refer to the past and past performance is not a reliable indicator of future results.