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Tag Archives: GBPUSD

Borrowing Costs Reach New Highs in UK Since 2008 

Rachel Reeves Under Pressure  As Britain struggles with the increase in borrowing costs and the weakening pound, Rachel Reeves finds herself standing in the limelight as the new finance minister. The economic challenges posed this week are likely to alter Reeves’s plans for expenditure moving forward.  (10-year gilt yield, source: LSEG)  Profound increases in gilt […]