EconomyBitcoin faces an eight-year rates test as the BOE unwinds £368 billion
The Bank of England plans to remove £368 billion of monetary-policy gilts by September 2034 through maturities and annual active sales. Early trading saw long-dated gilt yields fall, while the Bank said quantitative tightening had contributed only modestly to the rise in term premia. The move could test whether central-bank balance-sheet withdrawal affects Bitcoin through global yields and risk appetite.
Bitcoin faces an eight-year rates test as the BOE unwinds £368 billion
Economy