Sterling continued its slide on Friday, its fourth day of falls, as elevated global bond yields kept the currency under pressure. The pound was down 0.17% against the dollar at $1.2286 , hovering ...

The dollar rose ahead of nonfarm payrolls data that could provide hints on the timing of the Federal Reserve’s next interest-rate cut.

The rise in gilt yields has mirrored a rise in Treasury yields, Quilter Investors said, adding that a key factor remained the sheer size of bond sales by the U.K. government and the BOE that “foreign ...