(Bloomberg) — The pound extended its decline to a two-month low as investors fretted over the possibility of a new lockdown in Britain.The currency dropped as much as 0.5% to $1.2676 after Foreign Secretary Dominic Raab said that he can’t rule out a nationwide shutdown before trading little changed. Government bonds advanced, sending the yield across tenors down about one basis point.On Tuesday, Prime Minister Boris Johnson set new rules to curb the rise in coronavirus cases, including a 10 p.m. closing time for pubs and restaurants and a recommendation for office workers to work from home if they can.These …read more
Source:: Yahoo Finance
