Saturday September 26, 2020

Sterling falls again after BoE signals further moves

Irish 10-year government bond yield falls to a record low

9th August, 2016
4
The Irish government 10-year bond yield

Sterling also fell for the fifth day in a row after the Bank of England cut interest rates last week, and ahead of figures next week which are expected to show how Britain's vote to leave the EU has affected its economy.

Yields on benchmark 10-year debt also touched all-time lows in the UK and Spain and matched the least in seven years in China. They also dropped in India, following a central bank meeting.

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