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FX Desk

British Pound defies US yields surge as BoE hike bets build

British Pound defies US yields surge as BoE hike bets build

The Pound Sterling (GBP) registers modest gains of 0.18% on Monday even as US Treasury yields soar, with the US 10-year T-note rising over 10 basis points, underpinning the Greenback. At the time of writing, the GBP/USD pair trades at 1.3252.

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