Sterling slips as UK bond yields rise and dollar firms
Sterling fell as investors returned to a global bond selloff that pushed UK borrowing costs to their highest since 2008 and bolstered the dollar. GBPUSD dropped 0.07% to 1.35395.
Sterling slipped on Tuesday as investors returned from a long holiday weekend to a global bond selloff that pushed British government borrowing costs to their highest since 2008 and bolstered the dollar.The pound FX:GBPUSD dipped by 0.07% to 1.35395 against a broadly stronger U.S. currency after a…