"They are completely unable to sell bonds now. At this point, they are being forced to buy their bonds in order to keep the market for their bonds from total co

"They are completely unable to sell bonds now. At this point, they are being forced to buy their bonds in order to keep the market for their bonds from total collapse." This isn't true though. there is still large over-subscription on guilt auctions. https://www.dmo.gov.uk/data/pdfdatareport?reportCode=D2.1A https://www.dmo.gov.uk/data/pdfdatareport?reportCode=D2.1A interest rates are higher that is true. yes there was a period of buying guilts, but Bank of England has reversed this now and is going through policy (incorrect in my opinion) of quantitive tightening and selling what it 'bought' during QE https://www.ft.com/content/64e5dcdd-42a8-4013-a3bd-75a62cf8e6dc https://www.ft.com/content/64e5dcdd-42a8-4013-a3bd-75a62cf8e...