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Subscriber OnlyMarketsSterling Is Trading Like an Emerging Market CurrencyThe Not-So-Great British Pound.How Much Lower Can Sterling Go? BySid Verma+FollowOctober 11, 2016, 12:31 PM UTCIs the British pound the new Mexican peso?U.K. markets are now dancing to an emerging-markets beat as the violent sell-off in the pound this month has triggered a rise in government bond yields as investors look to reprice U.K. sovereign risk.