Citigroup Inc. thinks it’s too early to sell the pound now, instead targeting a weaker currency in the second quarter when it sees a ramp up in political risks coinciding with interest-rate cuts for a “double whammy” blow.
Citigroup Inc. thinks it’s too early to sell the pound now, instead targeting a weaker currency in the second quarter when it sees a ramp up in political risks coinciding with interest-rate cuts for a “double whammy” blow.
The pound has bounced back against the dollar and recovered some ground versus the euro this week
UK government bonds and the pound came under pressure as Prime Minister Keir Starmer fended off calls to resign, rattling investors worried about another bout of political uncertainty.
UK government bonds and the pound came under pressure as Prime Minister Keir Starmer fended off calls to resign, rattling investors worried about another bout of political uncertainty.
UK government bonds and the pound came under pressure as Prime Minister Keir Starmer fended off calls to resign, rattling investors worried about another bout of political uncertainty.
UK government bonds and the pound came under pressure as Prime Minister Keir Starmer fended off calls to resign, rattling investors worried about another bout of political uncertainty.
Treasuries edged higher to open a consequential week, with traders awaiting readings on the labor market and inflation for signals on the strength of the US economy.
Treasuries edged higher to open a consequential week, with traders awaiting readings on the labor market and inflation for signals on the strength of the US economy.
The US Treasury Department in Washington, DC, US, on Friday, Jan. 2, 2026.
In a week when political upheaval and expectations of imminent Bank of England interest-rate cuts weighed heavily on the pound, strategists warned that the currency risks sliding toward a three-year low against the euro.
In a week when political upheaval and expectations of imminent Bank of England interest-rate cuts weighed heavily on the pound, strategists warned that the currency risks sliding toward a three-year low against the euro.
Investors may return to longer-dated Japanese debt after this weekend’s snap election, with big asset managers pinpointing 10-year yields reaching 2.5% as a possible trigger to buy, according to a Mizuho strategist.
Investors may return to longer-dated Japanese debt after this weekend’s snap election, with big asset managers pinpointing 10-year yields reaching 2.5% as a possible trigger to buy, according to a Mizuho strategist.
The yield on German 30-year bonds has climbed to the highest level since 2011 as investors demand higher compensation in response to a surge in government debt issuance.
The yield on German 30-year bonds has climbed to the highest level since 2011 as investors demand higher compensation in response to a surge in government debt issuance.
European fund managers have been buying up New Zealand’s kiwi in a bet that the currency will benefit from an economic revival, the prospect of interest-rate hikes and broad weakness in the US dollar.
European fund managers have been buying up New Zealand’s kiwi in a bet that the currency will benefit from an economic revival, the prospect of interest-rate hikes and broad weakness in the US dollar.
The jump in yields on Japan’s long-maturity bonds has gone too far, according to RBC BlueBay Asset Management, which has initiated a long position in the battered securities.
The jump in yields on Japan’s long-maturity bonds has gone too far, according to RBC BlueBay Asset Management, which has initiated a long position in the battered securities.
A senior fund manager at Vanguard Asset Management Ltd, who was one of the biggest bulls on Japanese government debt, hit pause on a steady buying spree of the nation’s long-dated bonds at the start of the year.
A senior fund manager at Vanguard Asset Management Ltd, who was one of the biggest bulls on Japanese government debt, hit pause on a steady buying spree of the nation’s long-dated bonds at the start of the year.
Sanae Takaichi during a news conference at the prime minister’s office in Tokyo on Jan. 19.
A clean sweep of gains for the pound, gilts and UK stocks this year will be tested by a fresh batch of economic data.
Commuters in walk in view of the 20 Fenchurch Street building, known as the Walkie Talkie, in the City of London, UK, on Monday, Dec. 15, 2025. The Office of National Statistics will release the latest labour market figures on Tuesday.
Currency volatility will keep fading into the new year, traders say, with the policy paths of major central banks looking clearly defined for the foreseeable future.
Currency volatility will keep fading into the new year, traders say, with the policy paths of major central banks looking clearly defined for the foreseeable future.
The Marriner S. Eccles Federal Reserve building in Washington.
One of the biggest owners of European government bonds could trigger a bout of volatility — just as many market participants are away from their desks.
One of the biggest owners of European government bonds could trigger a bout of volatility — just as many market participants are away from their desks.
The Binnenhof government building complex, in The Hague, Netherlands.
Investors who have endured 18 months of underperformance in French stocks and bonds are about to get another dose of political gamesmanship that threatens to worsen matters.
Investors who have endured 18 months of underperformance in French stocks and bonds are about to get another dose of political gamesmanship that threatens to worsen matters.
Forecasters are warning of a possible “triple whammy” of risks for the dollar in the coming weeks that could worsen what’s already a seasonally weak period for the currency.
Forecasters are warning of a possible “triple whammy” of risks for the dollar in the coming weeks that could worsen what’s already a seasonally weak period for the currency.