U.K. long-dated gilt yields hit highest since 1998
U.K. 30-year government bond yields rose to their highest level since 1998. Natixis strategists said the move could create an attractive carry opportunity, citing long-end curve steepness and structural drivers including quantitative tightening.
U.K.
30-year government bond yields, or gilt yields jump to their highest level since 1998, but this could offer investors attractive carry opportunity, Natixis strategists say in a note. "Curve steepness in the long end reflects structural drivers like quantitative tightening, heavy long-end suppl…