Short-Dated Gilt Yields Could Fall as Investors Reprice BOE Rate-Rise Expectations — Market Talk
Yields on short-term gilts could decline as markets cut back expectations of interest-rate rises from the Bank of England, Jefferies' Mohit Kumar and Modupe Adegbembo say in a note. In contrast, long-dated gilt yields could stay elevated as investors place a fiscal risk premium on the bonds, the ec…