At the interbank foreign exchange, the rupee opened at 85.88, hit the intra-day peak of 85.85 before settling at the lowest-ever level of 86.00 (provisional) against the greenback, 14 paise lower from ...

Jon Smith explains what rising UK Government bond yields signify for investors and talks about what could happen for UK shares.

The benchmark 10-year U.S. Treasury yield fell 0.45 basis points to 4.689%. It had hit a peak of 4.73% on Wednesday, the highest since April 2024. The pound headed for its biggest three-day drop in ...

Traders' confidence in the pound has taken its biggest dive this week since the 2022 UK budget crisis, according to the ...

The magnitude of the selloff served as a reminder that rising borrowing costs will have consequences for highly indebted ...