Gilt Yields Fall as Oil Prices Decline — Market Talk

Yields on U.K. government bonds, or gilts, drop as oil prices retreat, easing concerns about inflation. Brent crude falls 0.8% to $98.45 a barrel due to prospects of a U.S.-Iran deal after Kyodo News on Tuesday reported that Iran said it would reopen the Strait of Hormuz within seven days if the U…