Gold Ten Data January 9th News, after the significant drop in UK government bonds and concerns about the increase in UK borrowing and the slowdown in the UK economy, the pound has rebounded from earlier lows. Kit Juckes, an analyst at Societe Generale, said in a report that the decline in the pound and UK government bonds was "much smaller so far" than the market turmoil triggered by former British Prime Minister Theresa May in 2022 and is unlikely to become so severe.
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Societe Generale: The decline in the pound and UK government bonds is much smaller than in 2022.
Gold Ten Data January 9th News, after the significant drop in UK government bonds and concerns about the increase in UK borrowing and the slowdown in the UK economy, the pound has rebounded from earlier lows. Kit Juckes, an analyst at Societe Generale, said in a report that the decline in the pound and UK government bonds was "much smaller so far" than the market turmoil triggered by former British Prime Minister Theresa May in 2022 and is unlikely to become so severe.