Traders Hold Off Bets in Volatile Market as Results Favor Brexit

  • Sterling heads for biggest drop on record, yen rises past 100
  • ‘There is limited trading going on,’ Mizuho’s Yoshii says

Bond and currency traders are holding off from making large wagers as partial results from Britain’s European Union referendum intensified concerns the U.K. will exit, creating a liquidity drought that’s exaggerating price moves.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.