Yields on U.K. government bonds, or gilts, rise, tracking U.S. Treasury yields ahead of U.S. jobs data due to be released at 1230 GMT. Investors are bracing for potentially strong jobs data that could raise the prospects of the U.S. Federal Reserve increasing interest rates in the near term, IG analysts say in a note. Ten-year gilt yields climb 2.3 basis points to last trade at 4.784%, Tradeweb data show. Ten-year U.S. Treasury yields rise 1.6 basis points to 4.491%. (miriam.mukuru@wsj.com)
Dow Jones Newswires
Gilt Yields Rise Tracking U.S. Peers Ahead of U.S. Jobs Data — Market Talk
Yields on U.K. government bonds, or gilts, rise, tracking U.S. Treasury yields ahead of U.S. jobs data due to be released at 1230 GMT. Investors are bracing for potentially strong jobs data that could raise the prospects of the U.S. Federal Reserve increasing interest rates in the near term, IG ana…