What does this chart tell us? Can anyone explain it? Bank of England starts QE again.

[贾和平]

It can be explained in one or two sentences, the shorter, the better.

 

[ccc]

全玩儿完。

 

[贾和平]

British government bond prices soared on Wednesday after the Bank of England said it would buy long-dated bonds in an effort to bring calm to the market and shelved plans to sell its stock of gilts for the time being.

 

[贾和平]

全玩儿完。

There should be three letters in front of it, Mr. GIC, not Mr. ccc.

 

[贾和平]

JPMORGAN, on BOE: “.. the optics of QE may look odd .. just one week after it began QT asset sales. .. However, it is important to draw a distinction between QE as monetary policy and QE as emergency support .. Today’s BoE actions are very much the latter ..”

 

[肥猫]

左右手互搏，好玩

 

[贾和平]

Look at those charts, what do they tell us?

From the 4th quarter of 2021: