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GBPUSD tumbles as gilt selloff and 30-year yields spike, heightening UK fiscal risk ahead of budget | ReutersRefinitiv | Login to see the signal | |
Sterling edges up off four-week low as traders assess impact of bond selloffSummarySterling faces pressure after a global bond rout pushed UK 30-year yields to multiyear highs, highlighting fiscal strains ahead of the Nov. 26 budget; a small bounce occurred but risks from higher borrowing costs and potential tax rises remain. |
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