Julian Benson
on November 3rd, 2022 The pound remained relatively unchanged against the euro yesterday. Since then, sterling has fallen approximately 2.9% against the US dollar.
The 10-year gilt yield fell to 3.5%, the lowest we’ve seen since the mini budget was announced.
This afternoon, the Bank of England is expected to raise interest rates following announcements of temporary purchases to governmental bonds. It is forecast to reach 3%.
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