比降息更重要！市场紧盯英国央行缩表信号：QT或转向放缓

Group 1 - The Bank of England is expected to slow down its bond sales, with a report on its "quantitative tightening" process to be released alongside its monetary policy decision [1][3] - Current annual bond sales are projected at £100 billion, with a majority of analysts anticipating a reduction to between £60 billion and £80 billion [1] - Recent volatility in long-term bond prices has heightened market focus on the Bank's quantitative tightening policy, with expectations of a potential 25 basis point rate cut [1][3] Group 2 - The Bank of England plans to reduce its bond holdings by allowing £87 billion of maturing debt to roll off naturally and actively selling £13 billion [3] - Previous assessments indicated limited market impact from quantitative tightening, but recent comments from officials suggest a more cautious approach [3][6] - There are calls from market participants for the Bank to reduce active sales of long-term bonds due to rising borrowing costs, with some experts suggesting a halt to such sales [6]