“U.K. government bonds fell, following the biggest drop in 10-year yields since September yesterday, as an improvement in German business sentiment undermined demand for the safest assets.
The pound rose for a second day against the euro after the European Central Bank said financial institutions will repay less of its second round of three-year loans next week than economists estimated, indicating European banks are wary of lending to each other. Sterling headed for a second weekly decline versus the dollar after Bank of England policy maker David Miles said the central bank should increase stimulus….”
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