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How bonds work and why everyone is talking about them right now: a finance expert explains

Written by David McMillan, Professor in Finance, University of Stirling

The Bank of England is buying bonds again. Just as it was about to start selling the debt it had accumulated as part of its last effort to support the economy during the COVID-19 pandemic, the central bank has been forced to announce a new scheme to shore up investor confidence.

The bank’s £65 billion short-term spree aims to address...

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