The Pound Sterling (GBP) continues underperforming its major peers, rattled by rising borrowing costs on the United Kingdom ...

Sterling continued its slide on Friday, its fourth day of falls, as elevated global bond yields kept the currency under pressure. The pound was down 0.17% against the dollar at $1.2286 , hovering ...

The rise in gilt yields has mirrored a rise in Treasury yields, Quilter Investors said, adding that a key factor remained the sheer size of bond sales by the U.K. government and the BOE that “foreign ...