As bond yields spike, Bank of England widens U.K. market intervention in second effort this week to calm volatile markets

The Bank of England said on Tuesday that it will include index-linked gilts in its daily U.K. bond buying operations.

 This is the bank's second effort this week to reduce market volatility.

The BoE stated in a statement on Tuesday that it has also consulted with the Debt Management Office. 

 The BOE's scheme could help increase demand for corporate lending.

 "These additional operations will act as a further backstop to restore orderly market conditions by temporarily absorbing selling of index-linked gilts in excess of market intermediation capacity," the statement continued.

Employers in the United States created 263,000 new jobs in September.


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