Mortgages 'to rise' after Pound hits year low and borrowing costs soar in treble blow to Rachel Reeves - The Chancellor may ...

The pound briefly fell to a 14-month low against the US dollar on Thursday morning after the sell-off in the bond market.

Volatility in U.K. asset prices evokes memories of the 2022 market meltdown. The move comes as long-term yields hit fresh lows amid expectations of more monetary policy easing. Rising Treasury yields ...