Pound Sterling falters as ramping UK gilt yields mirror weak economic outlook
The Pound Sterling (GBP) continues underperforming its major peers, rattled by rising borrowing costs on the United Kingdom (UK) government’s debt. The 30-year UK gilt yields have risen to 5.36%, the highest level since 1998, causing discomfort for Chancellor of the Exchequer Rachel Reeves.
Traders' confidence in the pound has taken its biggest dive this week since the 2022 UK budget crisis, according to the ...
Deutsche Bank strategist Shreyas Gopal says to sell the struggling British pound, the worst-performing currency in the young new year. Falling export orders and a reversal in energy prices is putting ...
Concerns about UK government borrowing and the economy have spooked financial markets - and it could filter down to ...
Deutsche Bank said investors should sell the pound on a broad trade-weighted basis, in a Friday note, as Britain's current ...
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 pound has tumbled to its lowest level or more than a year against the US dollar as the gilt sell-off continued, heaping ...
Our weekly simulation for forward U.K. Gilt yields and pound sterling. Read the latest update, as of January 3, 2025.
The pound is once again taking the heat as UK financial markets wobble - often a sign of stress in a country highly dependent ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback