Yields on U.K. government bonds, or gilts, climb, tracking U.S. Treasury yields as investors raise bets on possible interest-rate rises by the U.S. Federal Reserve. U.S. economic data have been fairly solid while inflation risk lingers, increasing the prospect of a Fed rate hike. Ten-year gilt yields rise 4 basis points to last trade at 4.803%, Tradeweb data show. Ten-year U.S. Treasury yields climb 4.5bps to 4.467%. (miriam.mukuru@wsj.com)
Dow Jones Newswires
Gilt Yields Rise, Tracking U.S. Peers Amid Fed Rate-Rise Expectations — Market Talk
- Sources
- Dow Jones Newswires
- Markets
- Bonds
- Language
- English
Yields on U.K. government bonds, or gilts, climb, tracking U.S. Treasury yields as investors raise bets on possible interest-rate rises by the U.S. Federal Reserve. U.S. economic data have been fairly solid while inflation risk lingers, increasing the prospect of a Fed rate hike. Ten-year gilt yiel…