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Finance

UK 10-year gilt yield hits new 19-year high

Bermuda Broadcasting Newsdesk -
The 10-year gilt yield struck 5.295% at 0930 GMT, the highest since August 2007 and up 2 basis points on the day International News via...
Finance

Oil tops $100, stocks slide as Middle East tensions escalate

Bermuda Broadcasting Newsdesk -
Stock markets across the globe came under pressure as the latest surge in energy prices drove concerns that higher inflation will prompt central banks...
Finance

Pound nears two-week highs; Bailey says ‘no secret plan’ for rate hikes

Bermuda Broadcasting Newsdesk -
With crude now 40% above where it was prior to the start of the war at the end of February, and European natural gas...
Finance

Sterling dips as traders await Bailey’s remarks 

Bermuda Broadcasting Newsdesk -
The British currency traded at $1.3529, down 0.12% against the dollar on the day International News via Reuters: The pound dipped against the dollar on Tuesday,...
Finance

London mid-caps set for weekly losses on bond jitters; Experian slides

Bermuda Broadcasting Newsdesk -
The FTSE 100 index was steady at 10,832.9 points by 1007 GMT and was set for a flat week, while the FTSE 250 rose...
Finance

Pound firm ahead of US jobs data, unruffled by geopolitics

Bermuda Broadcasting Newsdesk -
Sterling was last at $1.3525, largely unchanged on the day, following Thursday's 0.3% gain International News via Reuters: The pound held steady on Friday, ahead of...
Finance

Sterling ticks up from three-week low as yen rallies and oil cools

Bermuda Broadcasting Newsdesk -
Sterling climbed 0.1% to $1.35, having fallen to a three-week low of $1.348 in the previous session as the safe-haven dollar rose following renewed...
Finance

UK bond yields hit fresh 19-year high, adding to pressure on Healey

Bermuda Broadcasting Newsdesk -
The yield on 10-year gilts peaked at 5.294% on Wednesday, the highest since August 2007, shortly after 0900 GMT before easing back after Prime...
Finance

UK’s midcaps hit nearly a one-month low as gilt yields surge

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index fell 0.56% to 10,728.90 points by 10:10 GMT, while the midcap FTSE 250 slipped 0.8% to its lowest since...
Finance

Sterling hits 3-week low versus dollar, Middle East and gilts in focus

Bermuda Broadcasting Newsdesk -
The U.S. and Iran were back on a war footing on Wednesday after the most significant exchange of fire in weeks International News via Reuters: Sterling...
Finance

London midcaps lead losses as rising gilt yields weigh; Reckitt gains

Bermuda Broadcasting Newsdesk -
The export-focused FTSE 100 index closed 0.32% lower at 10,789 points while the domestically focused FTSE 250 declined 1.67% International News via Reuters: London's midcap FTSE...
Finance

London stocks slide as rising gilt yields weigh; Reckitt gains

Bermuda Broadcasting Newsdesk -
The export-focused FTSE 100 index dropped 1% to a two-week low of 10,725.6 points by 1019 GMT, while the domestically-focused FTSE 250 declined 1.9%...
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