UK short-dated gilt yields rise as oil tops $100
Two-year and five-year British government bond yields rose to one-week highs after oil prices rose above $100 a barrel for the first time in six weeks, reviving inflation fears.
Two-year and five-year British government bond yields rose to a one-week high on Wednesday after oil prices moved above $100 a barrel for the first time in six weeks, reviving inflation concerns that drove yields to their highest in decades last week. Two-year gilt yields (GB2YT=RR), which are sensitiv…