24 hours GBP/USD: Higher UK rates may support gains – Scotiabank FXStreet

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.

GBP USD · Scotiabank · U.K. · U.K. Government Bonds (GILT)

24 hours GBP/USD: Higher UK rates may support gains – Scotiabank FXStreet

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