Gilt yields stable ahead of crucial UK inflation data January 14, 2025 The yield on the 10-year gilt crept lower on Tuesday afternoon, leaving it on track to break six days of consecutive rises.
JP Morgan: UK policy credibility ‘coming under pressure’ January 14, 2025 Gilt yields, which reflect the cost of government borrowing, have increased significantly in recent weeks.
Pound sterling suffers as traders pare bets on Fed rate cuts January 13, 2025 The sell-off comes after a bruising week for UK assets last week, with sterling falling over three per cent and gilt yields picking up to the highest levels in decades.
IMF chief sees steady world growth in 2025 January 11, 2025 Kristalina Georgieva said the US economy was doing "quite a bit better" than expected.
Pound sterling sinks and gilt yields rise after US jobs report January 10, 2025 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, the world’s largest economy added 256,000 roles in December, accelerating from November and well ahead of economists expectations. Unemployment, meanwhile, unexpectedly [...]
Pound endures week of misery amid gilt sell-off January 10, 2025 The pound came in as the worst-performing G10 currency for a second day running yesterday, as the gilt market continues to trade at decade-long highs. After spiking as high as $1.255 on Tuesday, the pound has since fallen to $1.229, its lowest point since October 2023. “What makes the current situation particularly noteworthy is that [...]
Resurgent inflation fears drive global sell-off in government debt January 8, 2025 Government bonds suffered a major sell-off on Tuesday as fears about the potential persistence of inflation continued to build.
Pound sterling slumps to $1.24 in the face of dominant dollar January 2, 2025 Sterling's sell-off was accentuated by data out from the US, which showed a smaller increase in the number of jobless claimants than had been anticipated.
FTSE 100 climbs into the green on the back of weaker pound January 2, 2025 The shaky start comes amid widespread uncertainty about the path for the global economy in the new year.
Bank of England may be forced to prioritise growth in 2025 December 19, 2024 Despite inflation continuing to be a headache for the Bank of England, leading it to hold interest rates today, the central bank may end up being forced to make more cuts than it would like in 2025 to salvage the UK economy. While today’s decision from Andrew Bailey’s Monetary Policy Committee to hold rates had [...]