Important thread for anyone wanting to understand the HUGE mess Truss and Kwarteng have created. We will all pay dearly for their arrogance and incompetence. 🤬
RT @Peston: I am going to try to explain why the Bank of England has gone into the market to buy up to £65bn of UK government bonds with maturities of 20 years or more, including £1bn today. It all stems from a dramatic collapse in the price of these government bonds, called…

🐦🔗: https://nitter.eu/LNethsingha/status/1575208770489053185