Tyrie writes to Carney on gilt market liquidity concerns

Fears of unwinding of QE

clock

Treasury Committee chairman Andrew Tyrie has written to Financial Policy Committee (FPC) chief Mark Carney for a more detailed assessment of current bond liquidity issues, which he warns could leave the UK economy "vulnerable to a vicious circle of declining liquidity and financial distress".

The letter follows a recent report into the issue by the FPC, which monitors systemic risks in the financial system, after a six month investigation. Tyrie said he has particular concerns about gilts,...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Fixed Income