FX round-up: Sterling dips, 'bloodbath' in Turkish lira

It was back to square one for Sterling on Tuesday - or nearly - as stronger-than-expected readings on US retail sales and on a key factor sector survey in the States boosted Treasury note yields. Those two data points saw the yield on the benchmark 10-year US government note jump by as much as nine basis points to 3.09% - its highest level since 2011. In exchange, the pound fell back to where it was at the start of 2018, although it remained just above the year-to-date lows of 1.3460. As of 2020 ...

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