It all looked like it was going to sink, but then someone bought the bond market. I mean what a bargain with the 10 yield posting 4% while inflation is burning up a over 8% giving a guaranteed loss of 4% per compounded annually. Probably some very savvy British Pension Fund Managers saw another great opportunity.

Quantitative Tightening until the peasants grab the pitchforks then it is QE! Today it only took two hours! Either that, or someone got margin called. And before the mass sale of collateral the assets had to bumped up?

Just the thoughts from someone who ain't going to WAR for the bankers.