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Long-dated U.K. gilt yields seen at risk of rising further

RBC BlueBay Asset Management’s Mark Dowding says long-maturity U.K. gilt yields risk climbing further, citing potential for more intense U.K. inflation pressures versus eurozone peers and energy exposure.

Yields on long-maturity U.K. government bonds, or gilts, risk climbing further as the U.K. could face more intense inflationary pressures than its eurozone peers, RBC BlueBay Asset Management's Mark Dowding says in a note.

The U.K. lacks gas storage of its own, leaving it exposed to rising energy p…