BOE QE Disaster Sends Credit Markets Reeling. Is The FED About To Pivot
1 year ago
25
BOE has intervened in the markets to stop UK Government Bonds from collapsing in value back on 28th Sept.
This has failed, as they had to intervene twice this week with confidence lost from the markets.
Making matters worse the BOE apparently is ending its QE program this Friday.
Loss of confidence in UK BOE is leading to problems in US credit market, with many cracks forming.
FED quietly sending Swiss Central Bank $3.1B via the swap lines to help bailout a bank.....
Does this mean the FED is set to pivot soon?
Look ahead at important macro news coming on Wed & Thurs.
Follow me on Twitter:
@crushthemarket
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