BoE warns of threat to financial markets from potential corporate bond sell-off
'Further work needed'
The Bank of England will conduct further assessment of the asset management industry in relation to the corporate bond market, following a paper outlining liquidity concerns in the event of a 'severe' market shock.
In its report, Simulating stress across the financial system: the resilience of corporate bond markets and the role of investment funds, the BoE found that a large round of redemptions from funds investing...
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