The new year's alarming spike in British government bond yields owes much to a sharp rise in global sovereign borrowing costs, with a U.S. Treasury yield surge ahead of the incoming Donald Trump admin ...
The dollar held steady in Asia on Friday and looked set to extend its longest weekly winning streak in over a year, ...
Its key trading pairs are GBP/USD, also known as ‘Cable’, which accounts for 11% of FX, GBP/JPY, or the ‘Dragon’ as it is ...
The global bond market selloff has spread to gilts and prompted investors to trim overweight sterling positions, ING said, but expects the rise in EUR/GBP to be capped at 0.8500 and sees GBP/USD ...
On another turbulent day on the financial markets, the pound fell sharply against the dollar and the Government's borrowing ...
BRITAIN was having a grim 1970s flashback last night with a debt crisis, the threat of strikes and an under-siege Labour ...
The UK economy is facing significant challenges, with the pound sterling continuing to fall, government bond yields rising, ...
The U.S. dollar strengthened for a third straight session on Thursday as Treasury yields dipped but held at elevated levels ...
The pound has fallen to its lowest level in over a year, while UK borrowing costs hit their highest for 16 years. Economists ...
Concerns about UK government borrowing and the economy have spooked financial markets - and it could filter down to ...
Rachel Reeves flew to China on Thursday night in a bid to revive closer ties with the nation and boost Britain’s economy amid ...
Sterling has lost a cent against the US greenback, extending its recent losses and falling below $1.23 to its lowest level since November 2023.
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