Forex
globalreutersJanuary 7, 20251 Mins read
GBP/USD: Higher UK rates may support gains – Scotiabank
globalreutersJanuary 7, 20251 Mins read Soft demand for a 30-year Gilt auction today helped drive UK rates a little higher overall. The 30Y yield reached the highest since 1998 while 10Y yields touched the highest since 2023, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
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