Global bond markets came under pressure in European session, led by a sharp selloff in long-dated UK gilts. Yield on UK 30-year surged past 5.65% to its highest in 27 years, breaking above the peak set in April. Investors are increasingly concerned that Prime Minister Keir Starmer’s government may abandon fiscal discipline ahead of the […]

The post UK Long Bonds Lead Global Selloff, Sterling Slumps on Fiscal Worries appeared first on Action Forex.

Read More