UK gilt prices rally as long-dated yields fall
British gilt prices rallied Thursday, outperforming other major markets. The move was supported by European bonds after benchmark gas prices fell, offering respite ahead of next month’s budget.
British gilt prices rallied on Thursday, outperforming other major markets as European bonds benefited from a fall in benchmark gas prices, offering a little respite to finance minister John Healey ahead of next month's budget.Twenty- and 30-year gilt yields, which move inversely to prices and had…