Pound Climbs on Yield Jump; BlackRock Sees Gilts Risks

The pound advanced to its strongest level since 2008 versus the dollar as the fastest manufacturing growth in seven months boosted the prospects for higher interest rates that enhance a currency’s allure. U.K. government bonds declined as BlackRock Inc., the world’s largest money manager, said th…

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Pound Climbs on Yield Jump; BlackRock Sees Gilts Risks