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this is a graph of UK bond yields from the last month after a tumultuous week the market is starting to settle the government announced Monday that it would walk back part of its controversial tax cut plan a move to cut the top rate of income tax that in addition to an emergency Bond buying program from the bank of England helped calm investors after the UK's Financial Market was thrown into chaos last week England's Central Bank looking to put down a Revolt in the financial markets there they did a dramatic intervention today to try to calm the markets following the turmoil after last week's mini budget they worked through the night and came up with an unprecedented package at the heart of the crisis are derivatives complex financial instruments that allow investors to bet on the performance of Assets in this case government bonds well this was a somewhat Niche part of the market but it rippled out in ways that people really didn't expect and in the end it was potentially going to im...