Bank of England expected to slow quantitative tightening alongside rate decision

  • Bank of England is expected to slow its bond sales program alongside an interest rate decision.
  • 1100 GMT is the scheduled time for the Bank of England’s announcement.
  • Long-dated U.K. government bonds recently reached multiyear highs, analysts said.

The Bank of England is expected to announce a slower pace of quantitative tightening, or bond sales, alongside its interest rate decision at 1100 GMT. Analysts said the change could ease pressure on long-dated U.K. government bonds, known as gilts, which recently surged to multiyear highs.

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