Bank of England’s Breeden warns Iran war could set off bond and private credit crisis

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The energy crisis set off by Donald Trump’s war in Iran has made a financial crash more likely, according to the Bank of England’s financial stability chief, who warned that private credit, sky-high sovereign debt and stock market exuberance posed salient threats to the global economy.

Sarah Breeden, the central bank’s deputy governor for financial https://www.cityam.com/bank-of-englands-breeden-warns-iran-war-could-set-off-bond-and-private-credit-crisis/">[...]