GOOD MORNING FROM EURO FX Pound-to-Euro Exchange Rate hits May Best as Markets Sharpen Focus on Bond

Pound Sterling has today registered this month's high against the Euro,having advanced for four days in succession as foreign exchange traders continue to take their cue from developments in the gargantuan global bond markets.
EURO FX RATES TODAY
EURO = 0.8600
STG = 1.1.1225
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The current market dynamic appears to be favouring the currencies of countries that command a higher yield on their sovereign debt; the strengthening Dollar appears to be the big theme for foreign exchange markets once more with a jump higher in the yield on US Government bonds being the key culprit behind the advance.
At the time of writing the US ten-year yield is at 3.06%, UK ten-year yields are yielding at 1.5%, and the German bund 10-year yield at 0.62.
If we attach the relevant currencies to the yields, we get a similar order of performance: the Dollar is dominant, the Pound is outperforming while the Euro is a laggard.