BOE Bond Sale Attracts Traders Buying Scarce UK Debt

The video discusses the UK government's bond maturing in 2026 and the scarcity of collateral in the market. It highlights the Bank of England's (BOE) recent quantitative tightening (QT) sales, which were absorbed well by the market, indicating a demand for secure government debt. However, uncertainty remains about the BOE's strategy for the long end of the yield curve, with potential implications for pensions. The BOE's upcoming meeting may provide more clarity, especially regarding interest rate hikes and their approach to avoiding another pensions crisis.

What is expected to be discussed at the Bank of England meeting tomorrow?

What event is referenced as having triggered a pensions crisis?