Pound Declines for Third Week Against Euro on Outlook for Rates

Story date: 2007-10-27 07:16:00
Added on: 2007-10-27 11:00:21

Bloomberg - The ECB's main interest rate is 4 percent, compared with the Bank of England's 5.75 percent benchmark rate. U.K. government bonds advanced this past week as losses by U.S. banks stoked appetite for the safest assets. The yield ...


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