The truth is the Bank of England set out to wobble markets. Bailey talked down the economy and briefed against the budget. He sold gilts and pushed up interest rates.

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RT @johnredwood: The Bank of England drove interest rates higher on the eve of the Truss mini budget taking bond prices down by sales.The falls got out of hand thanks to LDI bond funds. 7 days later the Bank stabilised markets by buying.These Bank mistakes should not dictate tax poli…

🐦🔗: https://n.respublicae.eu/benhabib6/status/1622190575687536641