U.S. Treasury Yields Spike to Monthly Highs Following Boris Johnson’s Brexit Victory

Prime Minister Boris Johnson

U.S. Treasury yields rose on Thursday, as government bond prices fell, following news that the United Kingdom and European Union have finalized a draft Brexit deal that will pave the way for Britain’s eventual withdrawal from the bloc. Yields Rise The price of U.S. government bonds declined on Thursday, pushing yields higher. The yield on … Read more

Pound Collapses as Brexit Deal Crumbles in Flames

Brexit,

Any hopes of securing a last-minute Brexit deal today went up in flames as the Northern Irish Democratic Union Party (DUP) said they couldn’t support Boris Johnson’s latest proposals “as it stands”. The British pound immediately fell 0.6% against the dollar. In a statement issued on Twitter, the DUP outlined: “We have been involved in … Read more