U.K. pound hits all-time low against the dollar, 2-year yield soars 55 bps

British Pounds a business background

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Sterling dropped to its lowest level against the U.S. dollar in history Monday before bouncing back off the lows of the session.

The pound (NYSEARCA:FXB) fell to $1.0350, sliding below $1.04 for the first time ever, before buyers

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