# Turbulent UK bond market may force BoE's hand again | Reuters

> Bank of England Governor Andrew Bailey said the central bank would end its emergency gilt-buying support on Friday as planned. Markets were still showing little sign of stabilising, and the bank could be forced to act again.

- Date: 2022-10-12 · published 2022-10-12T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/39401-turbulent-uk-bond-market-may-force-boe-s-hand-again-reuters
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

This is a UK financial stability story with little direct effect on grain or oilseed prices, though a stronger dollar against sterling could indirectly matter for dollar-priced commodities.

## Read by commodity

- GBPUSD: neutral

## Sources

- reuters.com: https://www.reuters.com/markets/europe/turbulent-uk-bond-market-may-force-boes-hand-again-2022-10-12/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.