Sterling Could Fall Further as Investors Cut Long Positions Even More
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 ...
UK bond yields soar to multi-decade highs: Is it a new 'Truss moment'?
UK gilt yields hit multi-decade highs, with 10-year yields at 4.90% and 30-year at 5.40%. The pound slumped to a 14-month low ...