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Pound plummets to an eight-month low amid spike in gilt yields and reports of tariffs
A UK asset selloff has led the pound over 1% lower this morning as 10-year gilt yields have spiked to the highest level since ...
GBP/USD weighed by rising Gilt yields overnight – Scotiabank
The Pound Sterling (GBP) plunged more than a cent in response to the Trump tariff headlines, leaving it the worst-performing major currency on the session, Scotiabank’s Chief FX Strategist Shaun ...
FTSE 100 LIVE: Stocks fall and pound tumbles amid bond market sell-off and Trump tariff fears
The FTSE 100 ( ^FTSE) and European stocks were mixed on Wednesday after Wall Street slumped last night and China’s currency hits a 16-month low on Trump tariff fears.
Pound slumps as government borrowing costs highest since 2008
The yield on the benchmark 10-year UK gilt, which reflects the cost of government borrowing, climbed by roughly 12 basis ...
Sterling tumbles for a second day against firmer dollar, even as gilt yields rise
Sterling slid for a second day on Wednesday against a generally firmer U.S. dollar, despite British long-term borrowing costs ...
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Sterling Struggles as U.S. Dollar Strengthens Amid Rising UK Borrowing Costs
The British pound faced declines against a strengthening U.S. dollar due to persistent high U.S. interest rates. Despite surging British borrowing costs, particularly in long-term bonds, sterling ...