Britain heading for sub-zero rates club, money markets bet

LONDON (Reuters) - Money markets ramped up expectations of negative interest rates in the United Kingdom for the first time ever as policymakers debated further steps to support the struggling British economy, yanking the pound to more than a three-week low. Interest rate futures contracts from December 2020 dipped into negative territory on Monday as traders raised bets that British benchmark interest rates would fall below zero in the coming months.Unlike the United States where Federal..