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Trade Hub UK regulation desk (2026-10-07): The Pound Sterling (GBP) dives over 0.48% against the US Dollar (USD) on Wednesday as US Treasury yields hit a 24-year high, boosting the Greenback’s appeal,… Primary source: original at FXStreet (fxstreet.com).
British Pound buckles as 30-year Gilts top 6%, US yields soar
The Pound Sterling (GBP) dives over 0.48% against the US Dollar (USD) on Wednesday as US Treasury yields hit a 24-year high, boosting the Greenback’s appeal, while traders await the release of the Federal Reserve’s (Fed) last meeting minutes.