Market Comment | Safe-haven yields set new record lows amid doubts on the economic outlook

Summary

BoE cuts banks’ capital requirements to ensure the flow of credit. The BoE has reduced the UK countercyclical capital buffer rate from 0.5% to 0% for UK banks at least until June 2017, with immediate effect. The decision is expected to raise the lending capacity of UK banks by up to £150 billion. The decision […]

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