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.
