Tyrie highlighted particular concern over the gilt-edged bond market. the Bank of England Chairman, 391bn , has warned UK Treasury that a decline in the liquidity of the bond market would pose a threat to financial stability. Tyrie fears there will be a "vicious circle of declining liquidity and financial stress" when bond yields rise and prices fall in a response that is highly likely to growth in the economy. He also expressed concerns over the impact of unwinding the quantitative easing programme, which has resulted in the Bank of England holding £ Andrew Tyrie of gilts, which is nearly a quarter of all outstanding gilts.
the Bank of England Chairman, 391bn , has warned UK Treasury that a decline in the liquidity of the bond market would pose a threat to financial stability. Tyrie fears there will be a "vicious circle of declining liquidity and financial stress" when bond yields rise and prices fall in a response that is highly likely to growth in the economy. He also expressed concerns over the impact of unwinding the quantitative easing programme, which has resulted in the Bank of England holding £ Andrew Tyrie of gilts, which is nearly a quarter of all outstanding gilts.