Pound hits highest level since Brexit vote, with Bank of England expected to raise interest rates today – business live - 世界杯买球网

Sterling is its strongest against a basket of currencies since 2016, as UK braces for first interest rate rise in over three years

UK government bond prices are also rallying today.

This has pushed down the yield, or rate of return, on UK 10-year gilts by 4 basis points (0.04 of a percentage point) to the lowest since August 28, below 5.1%.

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