BoE’s Brazier flags concerns about ‘stretched’ credit markets


The Bank of England has begun “broadening” its work to ensure “stretched” bond markets do not threaten the financial stability of the UK’s financial sector.

Speaking on February 1, Alex Brazier, the central bank’s executive director for financial stability strategy and risk, said bond investors appeared “less concerned” about the safety of their investments.

“We have a duty to adapt regulation as risks change and the financial system evolves,” he said. “With credit markets and commercial

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