Putting some perspective on Britain’s bad markets week
Wednesday was a bad day for Great British assets: sterling and gilts both fell at the same time, which is generally and reasonably seen as being not good. Barclays’ economists write that Reeves’ ...
Sterling hits 14-month low as gilt yields jump after US jobs data
British assets remained under pressure on Friday from elevated global borrowing costs, with sterling falling for the fourth ...
US jobs surge impacts global markets: Pound tumbles and UK gilt yields spike
The pound tumbled to its lowest level since November 2023 against the dollar on the back of a strong US jobs report - raising fears the Bank of England could hike rates sooner than expected ...