LONDON British gilt yields surged to a post-Brexit peak on Thursday, after data showed the economy had grown faster than expected in the third quarter, reducing the chances of an interest rate cut in the near term.
LONDON A sell-off in the British government bond market continued on Monday amid political instability jitters, pushing 10-year gilt's yield to its highest since June's Brexit vote and pressuring the battered pound.
LONDON Sterling traded close to a record low in trade-weighted terms on Thursday, kept under heavy pressure by worries that Britain will undergo a "hard Brexit" that will sever ties with Europe's single market.
LONDON Sterling shed more then 1 percent to trade as low as $1.22 on Tuesday as senior officials and investors pointed to the potential for more declines in a market still trying to recover from Friday's 10 percent flash crash.
LONDON Sterling slipped below $1.24 on Monday, extending last week's heavy losses, as investors bet that Britain will undergo a "hard Brexit" - a total split from Europe's single market.
LONDON Computer-driven hedge funds were most likely the main winners when the British pound lost a tenth of its value to a 31-year low in a matter of minutes on Friday, investors said.
LONDON Sterling fell to a 31-year low on Thursday on fears of a "hard" exit by Britain from the European Union and Prime Minister Theresa May's comments on the impact of loose monetary policy, which some saw as a thinly veiled attack on the Bank of England.
LONDON, Oct 6 Sterling fell on Thursday,
undermined by growing concerns of a 'hard' exit by Britain from
the European Union and sidestepping Prime Minister Theresa May's
comments on the impact of loose monetary policy.
LONDON Sterling slid to its lowest level in more than three decades on Tuesday on fears of a "hard Brexit" from the European Union and its single market, although the weaker pound sent UK stocks surging higher. | Video
LONDON, Sept 26 Sterling slipped to a five-week
low against the euro on Monday, as lingering worries over the
economic impact of Britain's impending exit from the European
Union weighed on the currency.