Despite Leaders’ Assurances, ‘Brexit’ Leaves Markets Nervous

June 27, 2016 10:31 AM

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Despite Leaders’ Assurances, ‘Brexit’ Leaves Markets Nervous

LONDON — As investors continued to digest the worries of Britain’s vote to leave the European Union, markets resumed their downward march on Monday, despite assurances from world leaders that they were prepared for the fallout of a so-called Brexit.

The pound fell more than 2 percent in early European trading, nearing the lows of last week, when it dropped to levels not seen since 1985. British stocks were down 1.2 percent. Seeking safer havens, investors piled into British government debt, pushing the yield on the country’s main 10-year bond t...

Also read: Boris Johnson: UK should not pay 'large sums' for EU trade access

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