Britain’s latest debt turmoil contains the seeds of its own solution. The recent surge in bond yields exposed the UK’s ...
A hectic week for UK bond and currency traders came to an end with yields stuck near the highest levels in years and the pound at its weakest since late 2023. Read more at The Business Times.
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Sun-Wai said the pound falling while yields rise may be “a signal of capital flight” as normally higher rates make a currency ...
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Wednesday was the busiest day for pound options trading since the currency slumped toward an all-time low in 2022, an omen of ...
De La Rue Plc got a takeover approach for the entire company by the same investors who proposed to buy almost half of the ...
The currency move followed a surge in gilt yields earlier this week to the highest levels in years. Investors have been irked by the government’s escalating debt burden and persistently high inflation ...
As broad selling took hold in UK markets for a fourth day, focus turned to the pound after it fell to the lowest level in over a year. Concern that the Labour government will struggle to keep the ...
De La Rue has received a takeover proposal from a consortium of British financier Edi Truell's companies, sending shares in ...
The value of the naira in the Nigerian Foreign Exchange Market depreciated further against the United States dollar, and ...