UK Markets Cap Dire Week With Yields Stuck Near Decade Highs
  • January 10, 2025

UK Markets Cap Dire Week With Yields Stuck Near Decade Highs

(Bloomberg) -- A hectic week for UK bond and currency traders came to an end with yields stuck near the highest levels in years and the pound at its weakest since late 2023.Most Read from BloombergWhat Robotaxis Brought San FranciscoA Blueprint for Better Bike LanesNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeGilts and sterling fell again on Friday after

Bond Selloff Exposes ‘Vulnerability’ in Markets, El-Erian Says
  • January 10, 2025

Bond Selloff Exposes ‘Vulnerability’ in Markets, El-Erian Says

(Bloomberg) -- A resilient labor market signals the US is leading the global economy, and high US bond yields put pressure on others like the UK, according to Mohamed El-Erian. Most Read from BloombergWhat Robotaxis Brought San FranciscoA Blueprint for Better Bike LanesNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeUS Treasuries sold off across the curve, s