Sterling fell and UBS Global Wealth Management said it could remain under pressure in the near-term on concerns about higher U.K. borrowing costs, though it is likely to recover later in the year.
Sterling continued its slide on Friday, its fourth day of falls, as elevated global bond yields kept the currency under ...
The drop came as UK 10-year borrowing costs surged to their highest level since the 2008 financial crisis when bank borrowing ...
Concerns about UK government borrowing and the economy have spooked financial markets - and it could filter down to ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Pressure on sterling and the UK Gilts has continued. The pound took out last year's low near $1.23 today and was pressed to ...
The pound has fallen to its lowest level in over a year, while UK borrowing costs hit their highest for 16 years. Economists ...
The UK economy is facing significant challenges, with the pound sterling continuing to fall, government bond yields rising, ...
Our weekly simulation for forward U.K. Gilt yields and pound sterling. Read the latest update, as of January 3, 2025.
The pound has tumbled to its lowest level or more than a year against the US dollar as the gilt sell-off continued, heaping ...
The Eurozone December inflation data has pushed back expectations that the ECB will deliver a jumbo rate cut.
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