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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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 ...