Sterling Softens after UK Sold Bonds With Negative Yield

<p>Sterling weakens mildly today after UK sold government bond with a negative yield for the first time ever. According to the Debt Management office, It auctioned GBP 3.75B of 3-year bonds at an average rate of -0.003%. Demand was weak too with bid-to-cover ratio at 2.15, lowest since March. Nevertheless, Dollar and yen are not [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/market-overview/296703-sterling-softens-after-uk-sold-bonds-with-negative-yield/">Sterling Softens after UK Sold Bonds With Negative Yield</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>