The pound and British 10-year bonds regained some of the positions lost in recent days after The head of the Bank of England issued a statement on Monday. emergency, in which he assured that the institution would raise interest rates without hesitation.

Crossed against the euro, the pound hit 1.1216 euros after posting a low of 1.0820 euros on Monday just after the UK government announced a tax cut.

Compared to the dollar On Monday, the pound hit a low of $1.0384.although it has rebounded to around $1.0810 in recent hours, up 1%.

by your sidethe UK 10-year bond yield recorded in the secondary debt markets fell slightly from 4.244% was observed at the close of Monday. Although it was at an intraday low of 4.030% early in the morning, it had already climbed to 4.188% by the middle of the session.

Bank of England Governor Andrew Bailey said on Monday that the role of monetary policy is to ensure that demand does not exceed supply in a way that causes higher inflation over the medium term. However, the head of the Central Bank ruled out emergency intervention.

The Monetary Policy Committee of the Bank of England plans to analyze the impact on demand and inflation of all measures announced by the government of the United Kingdom at its next regular meeting.