U.K. gilt yields rise; 10-year hits highest since 2007
U.K. 10-year gilt yields rose further, reaching their highest since 2007. Manulife Investment Management’s Hugo Belanger cited concerns over the long-term U.K. fiscal outlook and inflation fears tied to high global energy prices.
Yields on U.K. government bonds, or gilts, rise further, with 10-year yields hitting their highest since 2007.
The rise reflects concerns about the long-term U.K. fiscal outlook and inflation fears from high global energy prices, Manulife Investment Management's Hugo Belanger says in a note.
Gilt y…