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Forex pairs in this Article » GBP/USD (Barcelona) - Tapering concerns are seeing Bond risk climbing to weekly highs as investors speculate that the Fed will start to curb their asset purchases as soon as next month.

German Bonds are rising forcing yields down and away from multi month highs. Spain sold EUR4.15b of bills and this resulted in the 10 yr bond prices to fall again today. USD denominated bonds sold by Asian issuers were rising as investors took cash away from the region and invested in more developed economies while the market appears to be getting back into fundamentals. The UK guilt’s are also benefitting from a slump in global stocks on a revived demand for the safety of Britain’s fixed income securities. The pound benefitted from the investment and rose to a two-month high against the dollar.
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