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Wednesday, 7 October 2026

National Trade News

Independent coverage of global markets, trade and finance

Currencies

British Pound buckles as 30-year Gilts top 6%, US yields soar

Policy desk, National Trade News (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).

· FXStreet

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.

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