Bank of England Sold Bonds Outright Today to Speed up QT, Will Sell More at Regular Auctions: First Major Central Bank to Sell Bonds Outright by Wolf Richter • Nov 1, 2022 • 99 Comments It went fine. Gilt yields are way down from panic highs. Another dream of the “pivot” mongers goes to heck.
Job Market Refuses to Soften, Fed Gets More Stuffing for Rate Hikes: Layoffs, Quits, Job Openings, Hires by Wolf Richter • Nov 1, 2022 • 108 Comments Still a contorted labor market with massive churn and job hopping, but slightly less than in early 2022. Only retail is back to the old normal.
