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Britain’s central bank stepped in Wednesday to shore up the country’s bond market, warning that U.K. financial stability could come under threat from a huge run-up in yields. Once again, a bout of market stress appears to have exposed an underappreciated buildup of risk—this time, in the supposedly staid area of retirement funds.
Here is a rundown of what is happening.
Markets Financial Regulation Agency considers biggest overhaul of stock-market structure since mid-2000s Source link
Markets Finance Financial Products unit filing for bankruptcy in step toward final shutdown Source link
After a year of rising interest rates, higher prices and volatile markets, financial advisers say […]