The Bank of England has stepped up measures to calm the bond markets again and the bank repeatedly cautioned about a material risk to the financial stability.
In a statement released Tuesday, the BoE said it will widen the scope of daily gilt purchase operations to mitigate the dysfunction in the market.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.