Gilts yields edged lower after the a consumer confidence survey showed declining confidence in the U.K., raising the possibility of more interest-rate cuts from the BOE.
Some are blaming the Autumn Budget for the rise in yields, but borrowing costs are also rising in the US in response to heightened concerns about inflation. Strong US jobs data pushed gilt ...
Giltyields have risen strongly over the past few months and with a yield of 5.3%, the 30Y is at its highest level since 1998. The 10Y gilt yield has also risen sharply, but 4.7% is still within ...