U.K. 30-year gilt yields fall to one-month low
U.K. 30-year gilt yields dropped to a one-month low after the Bank of England said it would no longer sell very long-dated gilts, easing concerns about heavy long-dated supply.
K. 30-year government bonds, or gilts, fell to a one-month low after the Bank of England said last week that it would no longer sell very long-dated gilts. The announcement eased worries about heavy supply of long-dated gilts and helped yields retreat from recent highs.