Meanwhile, the yen reaches the symbolic level of 150 yen per dollar and the Treasury threatens to intervene again. The euro rises 0.6% and the pound increases 1%.
The Prime Minister of the United Kingdom, Liz Trussannounced his resignation on Thursday after a financial crisis broke out that caused the fall of the pound sterling and forced the Bank of England to buy the country’s bonds to avoid its collapse, after the Conservative government announced a tax cut and an expansion of spending, mainly oriented towards energy subsidies.
It is added that the markets are at the waiting for the definitions on the interest rate that the United States Federal Reserve takes, given that inflation remains high and is forecast to be above 5%.
This motivated that the yields of the bonds of the 10-year US Treasury rises to 4.2%its highest level since 2008.
Source: Ambito
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