Global markets surge after Bank of England intervenes in bond market to rescue UK financial system - ABC News
US stocks have mounted a comeback after the Bank of England announced a bond-buying program to stabilise financial markets shaken by the UK government's tax cut plans.
US stocks have rebounded after the Bank of England said it would buy longer-term UK government bonds to stabilise financial markets after the pound plunged to record lows against the greenback earlie… [+3299 chars]
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