Pension fund panic led to emergency Bank of England intervention: Here's what you need to know

Pension fund panic led to emergency Bank of England intervention: Here’s what you need to know

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The Bank of England on Wednesday launched a historic intervention in the UK bond market to shore up financial stability as markets were in disarray following fiscal policy announcements from the new government. Bloomberg | Bloomberg | Getty Images LONDON — The Bank of England has launched a historic intervention to stabilize Britain’s economy, announcing …

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