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Bank of England's expanded QE hits snag

It seems investors are unwilling to part from their holdings of long bonds

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The Bank of England's expanded quantitative-easing (QE) programme ran into a stumbling block on just its second day as investors proved unwilling to part with their holdings of longer-dated bonds.

London

THE Bank of England's expanded quantitative-easing (QE) programme ran into a stumbling block on just its second day as investors proved unwilling to part with their holdings of longer-dated bonds.

The central bank failed to buy enough gilts to reach its stated goal at an...

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