- BOE will not sell gilts into febrile markets whereby the bank's sales might increase the level of dysfunction, such that value for money cannot be achieved
- Maxiumum sizz of the APF can be adjusted down from £966B to £886B after conclusion of emergency gilt purchases
Gilt yields are pushing a bit higher today but that's generally in line with global bond markets. 10s are up 5.1 bps to 3.56%.
