diff --git a/bitcoin/src/psbt/error.rs b/bitcoin/src/psbt/error.rs
index e1a1614b..47bd4df7 100644
--- a/bitcoin/src/psbt/error.rs
+++ b/bitcoin/src/psbt/error.rs
@@ -11,6 +11,7 @@ use crate::consensus::encode;
 use crate::psbt::raw;
 
 use crate::hashes;
+use crate::io;
 use crate::bip32::ExtendedPubKey;
 
 /// Enum for marking psbt hash error.
@@ -22,7 +23,7 @@ pub enum PsbtHash {
     Hash256,
 }
 /// Ways that a Partially Signed Transaction might fail.
-#[derive(Clone, PartialEq, Eq, PartialOrd, Ord, Hash, Debug)]
+#[derive(Debug)]
 #[non_exhaustive]
 pub enum Error {
     /// Magic bytes for a PSBT must be the ASCII for "psbt" serialized in most
@@ -73,7 +74,7 @@ pub enum Error {
     /// global extended public key has inconsistent key sources
     CombineInconsistentKeySources(Box<ExtendedPubKey>),
     /// Serialization error in bitcoin consensus-encoded structures
-    ConsensusEncoding,
+    ConsensusEncoding(encode::Error),
     /// Negative fee
     NegativeFee,
     /// Integer overflow in fee calculation
@@ -100,6 +101,8 @@ pub enum Error {
     Version(&'static str),
     /// PSBT data is not consumed entirely
     PartialDataConsumption,
+    /// I/O error.
+    Io(io::Error),
 }
 
 impl fmt::Display for Error {
@@ -126,7 +129,7 @@ impl fmt::Display for Error {
                 write!(f, "Preimage {:?} does not match {:?} hash {:?}", preimage, hash_type, hash )
             },
             Error::CombineInconsistentKeySources(ref s) => { write!(f, "combine conflict: {}", s) },
-            Error::ConsensusEncoding => f.write_str("bitcoin consensus or BIP-174 encoding error"),
+            Error::ConsensusEncoding(ref e) => write_err!(f, "bitcoin consensus encoding error"; e),
             Error::NegativeFee => f.write_str("PSBT has a negative fee which is not allowed"),
             Error::FeeOverflow => f.write_str("integer overflow in fee calculation"),
             Error::InvalidPublicKey(ref e) => write_err!(f, "invalid public key"; e),
@@ -140,6 +143,7 @@ impl fmt::Display for Error {
             Error::XPubKey(s) => write!(f, "xpub key error -  {}", s),
             Error::Version(s) => write!(f, "version error {}", s),
             Error::PartialDataConsumption => f.write_str("data not consumed entirely when explicitly deserializing"),
+            Error::Io(ref e) => write_err!(f, "I/O error"; e),
         }
     }
 }
@@ -152,6 +156,8 @@ impl std::error::Error for Error {
 
         match self {
             HashParse(e) => Some(e),
+            ConsensusEncoding(e) => Some(e),
+            Io(e) => Some(e),
             | InvalidMagic
             | MissingUtxo
             | InvalidSeparator
@@ -167,7 +173,6 @@ impl std::error::Error for Error {
             | NonStandardSighashType(_)
             | InvalidPreimageHashPair{ .. }
             | CombineInconsistentKeySources(_)
-            | ConsensusEncoding
             | NegativeFee
             | FeeOverflow
             | InvalidPublicKey(_)
@@ -180,7 +185,7 @@ impl std::error::Error for Error {
             | Taproot(_)
             | XPubKey(_)
             | Version(_)
-            | PartialDataConsumption=> None
+            | PartialDataConsumption=> None,
         }
     }
 }
@@ -193,7 +198,13 @@ impl From<hashes::Error> for Error {
 }
 
 impl From<encode::Error> for Error {
-    fn from(_: encode::Error) -> Self {
-        Error::ConsensusEncoding
+    fn from(e: encode::Error) -> Self {
+        Error::ConsensusEncoding(e)
+    }
+}
+
+impl From<io::Error> for Error {
+    fn from(e: io::Error) -> Self {
+        Error::Io(e)
     }
 }
diff --git a/bitcoin/src/psbt/mod.rs b/bitcoin/src/psbt/mod.rs
index 9d83ca90..ebca2936 100644
--- a/bitcoin/src/psbt/mod.rs
+++ b/bitcoin/src/psbt/mod.rs
@@ -1732,15 +1732,24 @@ mod tests {
         // no previous output
         let mut t2 = t.clone();
         t2.inputs[0].non_witness_utxo = None;
-        assert_eq!(t2.fee(), Err(Error::MissingUtxo));
+        match t2.fee().unwrap_err() {
+            Error::MissingUtxo => {},
+            e => panic!("unexpected error: {:?}", e)
+        }
         //  negative fee
         let mut t3 = t.clone();
         t3.unsigned_tx.output[0].value = prev_output_val;
-        assert_eq!(t3.fee(), Err(Error::NegativeFee));
+        match t3.fee().unwrap_err() {
+            Error::NegativeFee => {},
+            e => panic!("unexpected error: {:?}", e)
+        }
         // overflow
         t.unsigned_tx.output[0].value = u64::max_value();
         t.unsigned_tx.output[1].value = u64::max_value();
-        assert_eq!(t.fee(), Err(Error::FeeOverflow));
+        match t.fee().unwrap_err() {
+            Error::FeeOverflow => {},
+            e => panic!("unexpected error: {:?}", e)
+        }
     }
 
     #[test]
diff --git a/bitcoin/src/psbt/serialize.rs b/bitcoin/src/psbt/serialize.rs
index 47a60a64..f908f975 100644
--- a/bitcoin/src/psbt/serialize.rs
+++ b/bitcoin/src/psbt/serialize.rs
@@ -225,7 +225,7 @@ impl Serialize for KeySource {
 impl Deserialize for KeySource {
     fn deserialize(bytes: &[u8]) -> Result<Self, Error> {
         if bytes.len() < 4 {
-            return Err(encode::Error::from(io::Error::from(io::ErrorKind::UnexpectedEof)).into())
+            return Err(io::Error::from(io::ErrorKind::UnexpectedEof).into())
         }
 
         let fprint: Fingerprint = bytes[0..4].try_into().expect("4 is the fingerprint length");
@@ -319,7 +319,7 @@ impl Serialize for (XOnlyPublicKey, TapLeafHash) {
 impl Deserialize for (XOnlyPublicKey, TapLeafHash) {
     fn deserialize(bytes: &[u8]) -> Result<Self, Error> {
         if bytes.len() < 32 {
-            return Err(encode::Error::from(io::Error::from(io::ErrorKind::UnexpectedEof)).into())
+            return Err(io::Error::from(io::ErrorKind::UnexpectedEof).into())
         }
         let a: XOnlyPublicKey = Deserialize::deserialize(&bytes[..32])?;
         let b: TapLeafHash = Deserialize::deserialize(&bytes[32..])?;
@@ -353,7 +353,7 @@ impl Serialize for (ScriptBuf, LeafVersion) {
 impl Deserialize for (ScriptBuf, LeafVersion) {
     fn deserialize(bytes: &[u8]) -> Result<Self, Error> {
         if bytes.is_empty() {
-            return Err(encode::Error::from(io::Error::from(io::ErrorKind::UnexpectedEof)).into())
+            return Err(io::Error::from(io::ErrorKind::UnexpectedEof).into())
         }
         // The last byte is LeafVersion.
         let script = ScriptBuf::deserialize(&bytes[..bytes.len() - 1])?;