Pound sterling sinks and gilt yields rise after US jobs report
The pound plummeted against the dollar while gilt yields came under further pressure after new figures revealed the continued strength of the US economy. According to the latest report on the US labour market,
Dollar clings on to gains ahead of US jobs data; sterling slips
The dollar looked set to log a sixth straight week of outperformance against other currencies on Friday, underpinned by elevated bond yields and expectations of another strong set of U.S. job numbers,
Stocks Open Lower as Bond Yields Rise After Strong December Jobs Data
Stocks opened lower on Friday after strong U.S. jobs data sent bond yields spiking. The Nasdaq Composite was down 1.9%. The Labor Department said the U.S. economy added 256,000 jobs in December, which was well ahead of economists' expectations at 153,
US Stocks Fall As Strong Jobs Report Pushes Up Bond Yields
US stocks opened lower Friday, as US job gains did far better than expected, pushing up bond yields on fears that interest rates would remain higher for longer.
Sterling hits 14-month low after US jobs data, gilt yields rise
By Greta Rosen Fondahn (Reuters) -British assets remained under pressure on Friday from high global borrowing costs, with sterling falling for the fourth day in a row and better-than-expected U.S. jobs data intensifying the move,
Strong US jobs report sends stocks sliding, dollar rising
Wall Street stocks slid and the dollar climbed Friday as a blockbuster US jobs report dimmed hopes of further interest-rate cuts.
Trader confidence in sterling takes a dive on bond market turmoil
Traders' confidence in the pound has taken its biggest dive this week since the 2022 UK budget crisis, according to the ...
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 ...
Crude Oil Prices21h
UK Economy Falters as Pound Sterling Continues to Slide
The UK economy is facing significant challenges, with the pound sterling continuing to fall, government bond yields rising, ...
Deutsche recommends selling sterling on broad, trade-weighted basis
Deutsche Bank said investors should sell the pound on a broad trade-weighted basis, in a Friday note, as Britain's current ...
Pound hits 14-month low amid market jitters - what it might mean for your money
Concerns about UK government borrowing and the economy have spooked financial markets - and it could filter down to ...
Pound falls to lowest in over a year after UK borrowing costs rise
The pound has fallen to its lowest level in over a year, while UK borrowing costs hit their highest for 16 years. Economists ...
Deutsche Bank says sell the pound
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 ...
Weekly U.K. Gilt Yield And Pound Sterling Simulation, January 3, 2025: One-Month Forward Gilt Rate Peak 6.18%
Our weekly simulation for forward U.K. Gilt yields and pound sterling. Read the latest update, as of January 3, 2025.
Sterling's fall a problem and solution in UK gilt jolt :Mike Dolan
The pound is once again taking the heat as UK financial markets wobble - often a sign of stress in a country highly dependent ...