U.S. 10-year Treasury yield briefly breaks above 5% for first time since 2024 after hot CPI
The U.S. 10-year Treasury yield briefly broke above 5% on Friday for the first time since 2024, after August inflation…
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Yen Extends Weekly Gain to 1.2% as BOJ Hike Bets Firm, Dollar Steadies After In-Line CPI
The yen advanced to 154.18 per dollar on Friday, putting it on track for a second straight weekly gain as…
UK fiscal headroom set to fall well below OBR’s £23.6 billion March estimate
UK fiscal headroom is set to fall well below the £23.6 billion the Office for Budget Responsibility (OBR) estimated in…
Bank of England Set to Hold Rates Despite Aggressive Market Pricing
The Bank of England looks set to hold its benchmark rate at Thursday's meeting, extending a wait-and-see stance even as…
Pound Holds Near 1.35 as Stronger UK GDP Fails to Offset Dollar Strength
Sterling traded little changed against the dollar on Friday even after stronger-than-expected UK GDP data, as investors positioned for a…
